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2.2¢ bluglass limited

you make it sound like it may be 6m to 1y away to convert this...

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kudo

153 Posts.

7

10/01/24

12:56

Post #: 71810907
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Originally posted by Flectional: ↑

your looking at a 'set piece' run order for a prototype to be successfully manufactured & tested off an R&D design flow
Prototyping completes the 4th step in this design flow leading to manufacturing the initial version of the product.
This remains part of the product ideation creation - costs will be covered / shared and remain 'claimable' via the R&D tax rebate scheme'
clearly there has been significant customer engagement to this point of the process with both parties moving to manufacture runs
should the prototype test successfully for the customer in those 'cutting edge' defence applications initial order quantity and revenue will follow

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you make it sound like it may be 6m to 1y away to convert this contract into a revenue-driven one.
Until then a lot can go wrong and that's probably why LT lacks of appetite. Having said that lunchtime

BLG Price at posting: 5.5¢ Sentiment: None Disclosure: Held
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