@Burge13 as much as anyone would want to see customer purchase...

@Burge13 as much as anyone would want to see customer purchase orders month after month after month, the reality is these things take time, from a purchase order, customer dd & compliance perspective, not to mention any public tender process to secure lucrative Government work over a longer term basis. Longer that what I or other shareholders would like? Absolutely...The saving grace is that the company continues to move to multi-year contracts with these companies.

Interesting to note that whilst Caldius called in the Receiver during last quarter and had to ice the multi year contract that was just entered into, the Receiver has seen the value in what the RKT solution is delivering to the project and is wanting the drone and services to remain on a month to month basis (at a higher fee no doubt). One would expect that when the company is sold / recapitalised that the longer term contract will be re-entered with the company.

To answer your question - A simple review of the annual report shows that both the CEO and CFO are on circa $200k per annum. Not a large amount at all.

Last year's results and last qtrly for the year for the Dec qtr end shows these costs haven't materially changed at all. Admin and corporate costs also include ASX compliance, auditor, building lease costs etc. It costs money to run and grow a business and this is what Chris and the team are doing.



If you don't see value here at a ~$3.5mil enterprise value for the company that is very close to cash flow breakeven with plenty of irons in the fire by way of customer opportunities, both in their existing key channel of mining and other substantial verticals, then sell and move on.