Highlights
• ArcelorMittal Mining UK Ltd. has selected K2fly’s Mineral Resource Governance solutions
(Resource Disclosure and Model Manager) to consolidate its group mineral resources and
reserves disclosure
• ArcelorMittal Mining UK is part of the ArcelorMittal group, a world leading steel and mining
company with numerous vertically integrated mines globally, which is publicly listed on multiple
stock exchanges
• The platform is part of a corporate disclosure solution spanning across 10 mining regions within
the ArcelorMittal group.
• The 5-year contract has a Total Contract Value (TCV) of AU$1.9m and Annual Recurring Revenue
(ARR) of AU$332k
Wow - K2F is on fire - well done Nic and team - that is an increase in ARR in 6 days of $857K once Rio, Min Resources and now this new contract win are combined
Incredible that our SP languishes where it does
If this momentum of sticky contract wins keeps going (and not even taking into account organic growth of services in our existing client base which is no doubt also happening) then 2023 is going to be a great year for K2F
Massively undervalued MC and SP in my opinion
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