Spot on ....
Also, from memory, the Australian plant can only produce 20 units per month at the moment. Thus the importance I was placing on the US plant opening. All we need now is the other two plants up and running and the $ will start flowing big time.. Remember, the contracts for the next few years have already been awarded and I believe to a degree factored into the market Cap. The only reason this has dropped below. $1B MC is because of corona IMO.
As EOS usually state figures in $US, I believe the figures for the new contract of $100m stated in the press, are US and not AU $.
The contract for 82 units back in December was stated in $AU so ignoring any extra revenue for training etc, etc the cost of a RWS is ~ $US400K... this gives the $100M figure for 251 units, $US 100M.
Also, with the Australian contact, I am not 100% sure if true, but I remember reading that the initial contact announced last December for 82 units, is included in the 251 units in this contract. We await details of the contract, and f... knows how long this will take.
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Spot on .... Also, from memory, the Australian plant can only...
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