Yes looking great,
Looking forward to the 4c summary, it will be nice we get more updates from the USA , looks like the company is seeing strong demand ,
From there last announcement , I like the second paragraph
“
SciDev Limited (ASX:SDV, SciDev, or the Company) is pleased to advise that its targeted push into the US market (ref ASX: 23 May 2019) is gaining traction, with the first significant order for SciDev friction reduction technology for application in the oil and gas market.
Working through its US subsidiary SciDev (US) LLC, the Company has developed chemistry that delivers significant friction reduction benefits for both proppant and oil hydraulic transport. This chemistry is delivered via SciDev’s proprietary OptiFlox® technology. Orders have since been placed for delivery in August and September 2019, with a total revenue to SciDev of AUD $1,080,000. Order volumes are expected to continue to grow, with further commercial and field evaluations to be undertaken in order to determine the potential financial returns to SciDev from this very large market.
Separately, other US trial and commercial negotiations are progressing well and results will be reported in due course. Importantly, the Company is finding that there is significant demand and support for its bespoke chemical solutions, which augers well for the success of the US initiative.”
And this from the the 28/6 announcement..
“SciDev CEO & Managing Director Lewis Utting said, “Our business is built on people and technology. It is a credit to the team to have pulled back the revenue losses from the Lion business in such a short time. Our relationship with Nuoer Group has yielded strong early results without any significant client signings. When viewed quarter on quarter against FY 2018, the growth is greater than 100%, which gives us great momentum as we move into FY 2020 and begin to realise additional business development efforts.”
The company looks forward to updating shareholders in the coming months as we continue to push hard locally and in North America.”
The company is pushing into the USA hard , with minimal effort they have achieved great results thanks to there Chinese connections who are major shareholder ,
Where watching a complete company rerate , new company boss, cash in bank , fantastic share register , very clean 3b no ugly options or freebies , market cap now of about 30m tiny compared to other companies with a footprint in the USA
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