Brian has cemented another top software package with the...

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Lindo

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09/08/21

22:00

Post #: 55154565
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Originally posted by Brett M H: ↑

Morning everyone!!

These are the types of announcements that we have been waiting for

Another Decipher sale (third Decipher sale in pretty quick succession), and this time for a Total Contract Value of over $1.5m over 5 years (average of approximately $300,000 AUD per year).

These larger $ contract sales are obviously going to assist the cash flow / profitability of K2F enormously going forward.

And it provides further proof that the "land and expand" strategy will work - as this is now the "second K2F product" contract signed with Alcoa in the past 6 months.

There has been a lot of talk about K2F "over paying" in equity shares for Decipher.

However, with Alcoa already being the third International Council for Mining and Metals (ICMM) member to take up K2fly's (Decipher) tailings solution (out of 28 ICMM members & there is also a stack of non members) - there is a strong chance that Decipher will do exactly what RCubed did for K2F a year or two ago.

That is, be the perfect "off the shelf" product at the exact time it is required for compliance by large companies all around the world.

But this time, it looks like Decipher sales will come with much larger contract $ amounts

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Brian has cemented another top software package with the Decipher purchase, first being RQubed, this is just the start of larger contracts amounts, the price dump last week worked well-brought sellers out.

K2F Price at posting: 28.0¢ Sentiment: Buy Disclosure: Held
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