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The uptake throughout the industry since the GISTM implemetation...

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KainCarver

2,218 Posts.

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29/07/21

10:20

Post #: 54861086
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Originally posted by LD99 ↑

The Decipher acquisition also delivered results across Q4 with contracts for the solution being signed with Evolution Mining Limited and Heathgate Resources Pty Ltd. Evolution Mining has contracted with K2fly for stage 1 of its Tailings Management solution. Heathgate Resources has contracted to use the Decipher for Mining solution to implement a land access and monitoring solution at its Beverley and Beverley North mine site in South Australia. The agreements add an additional TCV value of over $0.615M.

With the new Global Industry Standard on Tailings Management (GISTM) now released and more companies committing to the implementation of the standard, we expect to see strong demand throughout calendar 2021 and beyond. We also anticipate deal sizes will increase in line with global rollouts.

Finally quality Decipher contracts, there seems to be more on their way too.

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The uptake throughout the industry since the GISTM implemetation has been quite weak. I expected more. A lot more. Cash burn is an additional problem and will be for the foreseeable future. It's all well and good to invest in furthering the IP, but you cannot expect the market to react favourably to this sort of continual drain on the coffers.

K2F Price at posting: 24.5¢ Sentiment: None Disclosure: Held
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Last 18.5¢		Change 0.000(0.00%)		Mkt cap ! $34.71M

Open	High	Low	Value	Volume
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No.	Vol.	Price($)
12	4628810	18.5¢

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Price($)	Vol.	No.
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12	4628810	0.185
6	5561887	0.180
1	7000	0.100
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Price($)	Vol.	No.
0.190	1073397	8
0.195	60247	4
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0.210	10000	1
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