Resizing? the Adelaide operation has moved into an office warehouse facility in suburban Adelaide, more than big enough to handle several production cells, so they will have a facility in Adelaide for DSTO and BAE etc, and in the USA, they need a presence there otherwise on national security grounds they will not be able to progress much further.
So for Bullrush - they will have a US operation - its a logical step forward and given the sales in the USA so far, a sensible step forward. They will have the Australian operation to support Australia. Why is right sizing in the context above such a bad thing?
I am expecting a defence prime in the USA to come in and buy AL3 outright once the US president of operations gets things moving.
DYOR
AL3 Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held
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