If you listen to Jim's talks and read the releases closely, both he and James are aware of the burn and instead of cutting expenses they have stated that revenue increases was the imminent focus to address the burn.
To me that suggests that the projects they have been asked to apply for must be significant enough to go some way to covering the burn. The burn is currently $16m-$17m per year. So with $5m-$7m coming in R+D from Australia and $1.8m from the annual Claws allocation, that requires revenues of $5m-$10m to come from these ME commons projects.
There will be other small revenues coming from repeat orders, but Jim has stated that these projects are the focus for now and thus must be significant. IMHO.
If you listen to Jim's talks and read the releases closely, both...
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