happy to be corrected but my read was - it is a “new” contract but sounds like it was an existing relationship. The “high case” “low case” assumptions over three years pointed to a mid level at around $5m with $3m in the first year. They put it in perspective well adding that this $3m represents 45% of the full revenue for FY24. Guessing this won’t be the only additional revenue stream generated in year so the trend continues, substantial sustainable growth. It will be interesting to see the strategy to uplift processing capacity in the next couple of years ahead of the surge of LFB’s reaching end of life as we get closer to 2030…
LIT Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held
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