Amaero’s successful qualification of C103 AM powder triggers ADDMAN’s offtake obligation with 0.25 tonnes expected to ship in CY2024 and 2.0 tonnes expected to ship in CY2025.
Fairmont’s survey of current C103 powder price reflects a range of $4,150 / kg to $5,385 / kg
So the contract could be worth $9,300,000-$12,100,000. That is just one contract. As mentioned we did HIP for $1.1 Million which was never an ASX Ann like many small caps would and we also are in the Castheon Grant worth $6 million. Of that who knows, but we are suppliers of c-103 for that contract.
Just to be a little be clear of what contracts we have achieved so far. IMO there are likely other small sales of c103 and also more HIP parts manufactured that have not been announced. But unfortunately people will focus on money spent when the next 4c comes out.
(Even though all of this spending has been forecast and mentioned in every presentation and webinar that I've watched......)
2nd Atomizer will be on a boat as we speak. ????
3DA Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held
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