Ann: Collar Keeper System Stage III Final Trial Update, page-2

I wonder what the costs of production (COP) of a Collarkeeper system are?

The IPO provided A$2,450,000 in funding to "accelerate development and commercialisation".




From todays ASX Announcement:

"The Company is targeting implementation onto 12-15 track rig units by Jun22, generating A$125,000 to A$200,000 in REVENUE per month, on an ongoing basis"

I was very encouraged by the binding MOU signed with MACA on 11Nov21. Todays final trial update success is tremendous news.

The hire and placement side of the AQN business generates EBIT which validates the current share price alone, IMHO. Its ongoing expansion can only increase the Company value. As Dave said in that interview @neg posted on 29Oct21, as soon as we have equipment available, it gets hired out.

"The current commercialisation focus will target 200 blast hole track rigs operating in WA"

So should we expect to (eventually) generate REVENUE upwards of 15x that A$125,000 to A$200,000 per month? That works out at ~A$27mpa at the max.. What is the net after COP?

Any way you look it at, its a big plus for the MC (currently A$18.8m) of AQN.

"Noting that 1,000s of these blasthole drill rigs operate worldwide"

Interesting to note that Dave said in the recent interview, that the patent has been granted in Chile.

Would MACA consider making an offer for Aquirian? Big Companies don't make such offers until they see certainty of success.

Early days but I'm still surprised the AQN share price hasn't surged higher ... yet.

A tightly held share register with only a small trading parcel. Retail holders only. No real broker/analyst recommendations driving hot money here.

I lucked out buying at 19c. Then it fell and I bought more at 18c. Then it fell and I bought more at 17c. I've effectively got 3 times my original investment allocation. Yet I'm still inclined to buy more now. The current share price seems like a Xmas present.