Very content with the announcement! Sales forecast increased by 50% for the CY20 As per the interview a few weeks ago with Inside Market, sales are targeted at the large scale tickets and the wait list for items is a couple of months. Titomic still well and truly the market leaders in large scale metallic and composite additive manufacturing and the fastest, an invaluable attribute. Dr Schwer only been around for a month and already seeing increased interest from the global defence sector.
I'll be worried if we don't see the TKF machine sale finalised in CY20. Expenses up additionally this Q due to the commission of the 3rd TKF system and ideally we see revenue from OEM parts increase next Q as a result of this.
Well positioned for growth and validation sales. Can't wait to see who bites the bullet first and places large scale and ongoing orders!
GLTAH and DYOR
TTT Price at posting:
71.0¢ Sentiment: Hold Disclosure: Held
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