AJX 0.00% 1.3¢ alexium international group limited

You have to wonder just how much this supply agreement with a...

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  1. 1,089 Posts.
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    You have to wonder just how much this supply agreement with a multi billion bedding company will bring in in terms of revenue.

    In the excitement of the military and ICL annoucments, this agreement may have been slightly overlooked and is actually starting to produce revenue now.

    Mattresses and later foam etc... will require a fair bit of chemistry to cover their surface.

    If we are to be EBITDA positive by Q4 on Alexicool sales alone - this will mean we will need something like $4m in receipts a quarter by the Oct-Dec quarter. So expect to see Receipts over the net two quarters ramping up
 
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