Ann: June 2021 Quarter Activities Report and Appendix 4C, page-17

I agree. It feels risky trying to put a valuation on a handful of 3DMetal additives printing companies on the ASX. 3MF appears to fly low & straight, 1st to have good revenue growth without dilution or too much hype about projected further earnings, etc. Tempted to buyer a bit in a few of them. Each have different strengths in market potential valuations. But they also appear to need cash burn & credit raising to get revenue going.

The problems in valuations are also related with potential clients that seek to do 1 or 2 year product testing to determine whether 3D metal printing meets quality control, safety standards, durability & performance in the field. Plus there is USA led policy pressure on multinational companies to change the globalisation strategy & return to historic local manufacturing ( where possible & profitable ) , and exacerbates by Covid19 supply crunch problems recently.

In lure of the above, it might take 6 to 12 months to see valuations relate to revenue growth. No advice intended.