3DA 2024 and beyond, page-731

  1. 306 Posts.
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    contracts take time. just like it did with ADDMAN.
    if you’re the manufacturer, making say nose cones for missiles and rockets…
    here is amaero, a new supplier of the powders you use…
    you’re going to talk with them about prices, and availability.
    if you like that you’ll order a small amount (it’s $4K per Kg)… and make one or two parts to see how that goes.
    then you’ll have to analyse and test those parts which might even require building something, but will at least require you to stress test it under intense heat, etc… that can take a couple of months in itself.
    and if all that goes well. then you will be willing to do a deal with amaero for an ongoing order of some kind.
    that could literally be months from first interest to contract.

    I’d be surprised if we’re not already in that process with some manufacturers. But 3DA can’t announce anything to the ASX until they get to the end and have a signed contract.

    I believe they will come. And not too far in the future now. So I’m waiting patiently. Of course I’d love to see one announced tomorrow. But May/June is still OK with me. I know it takes time.

    As Hank often says, this is a marathon, not a sprint.
    It’s important that we pace ourselves to finish this race. Which is why Hank has made sure we have sufficient funds available to sustain us until we do reach cash flow positive.

    And as @@kenjikool has mentioned before, quite likely we’ll get some buyout offers once we’re profitable, so probably 2026. And I don’t think any current shareholders would be disappointed with those offers when they come.

    But do your own research. Make your own decisions. This is just the kind of thinking behind mine, and I'm sharing it in case it’s useful.
 
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