the military is a moving target ---------------------- ha, do I get a heart for that one?
forgive my approximations here - I am only going on memory.
OK - a minimum, I think we can trust ------- $10 million.
Now - the 'historical' yardage was estimated between $10 and $16 million revenue per year.
We were then told that extensions to that could go to $60 or $70 millions as the military rolled out FR uniforms to other than front line fighters.
Then from memory - Congress passed legislation.
NC all the way through this was a bit ho hum on the military - whilst I was doing hoops about it - I got told to concentrate on the commercial stuff - all the while I thought - hang on a minnie - $60-$70 million isn't anything to scoff at.
At some point I worked out that the amount could be a lot higher - so, I put my hand in the rat trap and asked NC again -------- he avoided putting a number on it - said something like yes it's large, but don't get excited. What can I say - I was excited - I could see the writing.
Then - low and behold - the Fosters report put a number out there ------ no more Pinto ramping - these boys blew my numbers out the bloody window -- $370 million I think it was - or close.
Nowwww we are talking.
Now, since then we have had another at least - one figure - of $200 and something market wise -
so, how long is a piece of string?
My take is - the historical yardage is in the bag - and 'some' extension - the question is - how 'much' extension.
Judging by the dining bill - Southern Command Marines are a go ----- which means pretty much has to be ALL marines - as long as other commanders are convinced.
Navy is rumbling as well and so is a lot of the rest of the Army. Haven't heard much about the Air Force - they are probably a bit Koala’ish - like ours- but, they will come to the party on time or eventually.
The key really is ----------- how far and how fast. Personally I think we will only know the full extent of it well into 2017 - maybe even 2018 - once all is changed over (full replacement is a 2 year job). But, next year will be a very big start IMO.
Aside from the US - Nato will probably follow as night follows day - and heaven's knows who else.
All up - honestly, I wouldn't like to guess - there are just so many things that are made of material that you don't want to burn that a soldier or sailor or airman carries - right from shirts and trousers - obvious - but, to packs, belts, boots, socks, anything with straps, ammo pouches -------- it really is a long list.
Then there is the hidden --------------- the sports gear the blokes wear underneath - most of which they have been banned from wearing because of flammability ----------- that stuff is provided by civilian firms selling to soldiers as normal people -
those sport firms aren't going to give up that market once they know a cheap, green effective - AND military accepted cloth is available for manufacture ----------------- so,
they will produce ------ now, the question is - will they keep the FR products as a separate line - or will they possibly convert every line??
Anyone game enough to put a number on that one -go right ahead.
Whatever happens - it will be instructive to see how AJX goes in the next few years - this is a big time industry change and AJX is getting a rails ride ------- you don't get to see that many times in a lifetime - and you get even fewer chances to be involved.
Pinto
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.10M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.7¢ | $9.269K | 1.324M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1210906 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 207197 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1210906 | 0.006 |
2 | 598026 | 0.005 |
2 | 570000 | 0.004 |
1 | 700000 | 0.003 |
1 | 500000 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 207197 | 2 |
0.008 | 3237282 | 5 |
0.009 | 1260713 | 3 |
0.010 | 901368 | 5 |
0.011 | 1810000 | 4 |
Last trade - 11.13am 15/07/2025 (20 minute delay) ? |
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Shanthar Pathmanathan, MD
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