Ann: Quickstep AGM - Presentation, page-16

@MOSSuMS
@Vass

Both of you raise really good points and I appreciate your views.

Aerospace looks to be a company maker and a steady, high revenue growth segment of the business. The table I made has a lot of assumptions but I don't believe they are being overly optimistic.

I agree new technology has a ways to go. However, I dont think its going to take 3 years to get established

It may take awhile for the revenue to catch up, but heres some of the things we do already know:
- $2 million p.a. from Hawkei in CY 2017 expected. The breakdown is ~19500 parts (bonnets, sideskirts, mudguards etc) for Thales Hawkei @ $8 million+ over the four year contract (i.e ~$400 pp)

- Assuming ~$2-4 million from KIST in FY2017

- Potential carbon-fiber seat contract with Futuris in CY2017, assuming production starts from 3Q 2017 for the FS4 seat which Futuris are now marketing and they sell 10,000 parts (1/2 the 1 year 20,000+ intent), thats $1 million at an assumed $100 a seat. Tesla alone expects to sell 100,000+ cars in 2017, so shouldnt be hard for Futuris to sell 2500 cars-worth of carbon fiber seats if it goes to plan.

Ignoring any other blue-sky/contract potential (e.g. I'm assuming Vass, we are talking about Porsche for the quarter panels?), thats already $4m-$7m revenue we could see in the next 12 months from new technology.