Finally, the "elephant in the room" is addressed and the noose...

Finally, the "elephant in the room" is addressed and the noose around the SP can be relaxed, a bit. We have the cash we needed to finish the Melbourne Titanium Plant.

Enough to fund completion of the first Gas Atomizer and, if all remains on track, full production of ~$16Million per year "profit" (for this line of the business) commences December/January. I say "profit" because of the claims in multiple presenations the ability to pay-back the cost of an ~$8Million unit price inside 6 months from profit from sales. Obviously time will tell.

This Announcement also mentions this raising takes them to a position of cashflow positive which is exactly what we want to see. After "xyz" period, use the earnings to prove capacity to repay debt funding to purchase additional Atomizers.

In the background but supposedly imminent are Fletchers (finally???) and Middle East Centre of Excellence (margin to be paid up front supposedly).

So lets say 12 months and cashflow positive from Ti sales plus cash in bank from Middle East and whatever Fletcher deal ends up being (Australia only or Australia 1st step as part of Global rollout)?

And then we can hold the hope of the long term Boeing research/qualification process really playing out.

All i want for Christmas is confirmed order from Boeing for damn "Super Alloy" rivets made from the patent alloy to supply all new Boeing planes. That order itself is company making, but Amaero's metal supply capabilities extend to Boeing's Defence and AeroSpace divisions as well. Lots of positive potential ahead oncce we take care of making ends meet with 1st Atomizer now these dollars are secured.

Good outcome to secure the funding, shame it was at such a low SP and the minimum ~20% dilution (not including the Options) appears hurtful now but won't be recognisable in 2-3 years time IMO.