MX1 7.50% 7.4¢ micro-x limited

Here is a link to the latest conference call recording...

  1. 56 Posts.
    lightbulb Created with Sketch. 15
    Here is a link to the latest conference call recording https://micro-x.com/quarterly-business-update-call-recording/

    Key comments
    - 6 quarters of cash based on current burn rate, which will be supported by further sales.
    - SAAB ADF contract valued at around $1.3 mil will be finalised soon. Sale of Rover to ADF will provide good reference when approaching other NATO countries.
    - Two Rovers are in US for DoD demonstrations. Two video conference have occured so far and were well recieved. In person demonstrations have been delayed by COVID.
    - Carestream think there will be further orders of Nanos soon with the massive second wave of COVID thoughout Europe and US. Current production is 2 Nano/Rover per day. Getting great feedback from AU sites based on its mobility and ease to disinfect. So ideal for use in COVID related activities.
    - Excellent progress in design of mobile backscattered imager for bomb detection in partnership with Thales. Patents will be filed for design, which will have a lower cost and shorter time to market then initially expected. Some delays while waiting for special detector from the UK, but is in transit now.

    Give it a listen yourself, just what I pulled out. This announcement just adds to everything else. Good luck to all.
 
watchlist Created with Sketch. Add MX1 (ASX) to my watchlist
(20min delay)
Last
7.4¢
Change
-0.006(7.50%)
Mkt cap ! $43.03M
Open High Low Value Volume
7.9¢ 7.9¢ 7.4¢ $39.10K 515.1K

Buyers (Bids)

No. Vol. Price($)
3 40583 7.7¢
 

Sellers (Offers)

Price($) Vol. No.
7.8¢ 60000 1
View Market Depth
Last trade - 15.11pm 09/07/2024 (20 minute delay) ?
MX1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.