From the Jan 2021 Qld Govt grant Announcement. "The grant term is two years, with drawdowns awarded upon achievement of commercialisation objectives including the development of working test prototypes, reader platform completion, TGA approval, manufacture of 1 million tests per annum in Queensland and associated employment of a number of additional staff"
The final 2 drawdowns being: -TGA approval - Manufacture of 1 million tests per annum in Queensland. Should be completed this quarter and the final payment received.
Not revenue we are all after but it all helps.
Bring on TGA approval and the January Quarterly which might surprise us all.
ADO Price at posting:
30.5¢ Sentiment: Hold Disclosure: Held
