True, leverage. Not that I was trying to imply the award is the...

True, leverage. Not that I was trying to imply the award is the defence tender, even tho' it could be.

All I'm saying is the ASX is far more demanding than they once were re companies making forward revenue claims without it being set in stone or readily quantifiable. I don't have any concerns around them not having a material contract award. The grey area is around how and what the ASX define as material.

Guess it's not dissimilar to the Entergy deal where they are spending US$1B over ten years and Pointerra's share is estimated (via there sub-contractor's actual involvement) as material in terms of overall percentage without being able to forward-quantify a fixed material dollar amount.