Let’s make sure we’re in the black first on a consistent basis before going down the income road, so keep reinvesting in the business and filling that excess capacity. It’s a higher risk growth story and stock, not an income generator for shareholders to park their money. Costs have been reined in, the board reduced, the 4 yr EA with staff I’d be interested in hearing more detail on as they’re well paid IMHO.
The US DOD is an opportunity for the company to diversify into other fields, work and improve on their Qure/RST technology. There appears interest in this based on the recent MOU’s and manufacturing contract they’ve signed with ATR as one example. Yes no work yet and that’s what we need, new contracts using Qure and improving our margins. In the meantime MB adjusting costs and efficiencies to improve the bottom line which is into cash flow positive territory now.
Fundies will start taking notice of its growth prospects when they start making money consistently, margins improve, have a leaner cost base and have that Qure point of difference driving new contract signings.
All the best..
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