EIQ 6.98% 23.0¢ echoiq limited

Ann: VRI Partners with US-based Diamond Capture Associates, page-28

  1. 926 Posts.
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    I'm trying to bring some positivity to these posts Seaforth. I bought in because I am excited about the Analytics and what it can do. The DoD trial completes at the end of June, so i'm optimistic that given Veriluma and DoD have been working together for several years, that there will be a contract on the back of that. Trial with Gilbert and Tobin will start to see results I'm sure so there are two announcements made a while ago that should see results soon. The mining assets sale puts $500k back into the bank and also probably some cash back that was pre-allocated in the past quarterly to cover leases and maintenance of licenses. So i don't think its as negative as being pitched here today. Lets wait to see the quarterly and see how things are progressing. I'm optimistic we'll be fine with this one.
 
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