Ann: archTIS Announces Intent to List on the U.S.-based OTCQB, page-184

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13/10/21

18:21

Post #: 56776083
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Originally posted by aggexpenditure: ↑

So by implication, does this mean you don't know anything?

Regardless.

As for the $4.2M contract, it is as others have stated, this is primarily services. If you read the entire notice, one can glean the knowledge that they are embarking on a risk reduction exercise for DoD. This could be a five year plan, or a ten year plan - we will never know. I agree with the comments by others that this project, probably didn't end until September of this year. Especially considering lockdowns in Canberra. The reports will be finalised, revised and then submitted for review. DoD is not normally a fast moving beast with these activities. They will take it seriously, but not rushed.

Typically, a report from a project of this magnitude will have several recommendations, and several timeframes. DoD seniors will take months to digest one report, and then begin the process of prioritising and finally establish a roadmap for seeking approvals and funding. I have always considered this project as not likely to materialise into sales, until closer to the end of June 2022.

This is simply the reality of ICT projects in Defence. AR9 will not comment on the report, but will be fully aware of the options and recommendations, and how many of those are directly beneficial to continuing revenue.

GLTAH, and be patient.

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By my own admission actually. By the sounds of it to your own admission too, further strengthening my point lol.

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Ann: archTIS Announces Intent to List on the U.S.-based OTCQB, page-184

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