Last paragraph is of interest to me:
Becoming a formal member of the Nuclear AMRC represents significant progress for the Company
and ensures K-TIG is well positioned to capture market share within the global nuclear
decommissioning market which is projected to be worth USD$1 Trillion through to 2050.
The K-TIG technology has been proven to meet the standards of the nuclear industry and is
currently being used by one of two major companies contracted by the UK Government to deliver
the first round of nuclear decommissioning vessels expected to total many hundreds of millions of
USD.
The next and far more significant round of contracts are expected to be awarded in 2020 and likely
to be well in excess of a billion USD. K-TIG is well positioned to further participate in this rapidly
emerging market through the provision of its technology to both existing nuclear fabricators and
the large number of additional fabricators which are expected to enter this market.
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Ann: Quarterly Activities Report and Appendix 4C, page-4
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