Imo, they need to book in minimum, 10-12 x 20m orders starting...

Imo, they need to book in minimum, 10-12 x 20m orders starting july... FY2025.. to justify this increase in SP. So , that's one a month. Or 20 x10m orders... from memory the "pipeline" was about 500m worth of "existing" negotiations that were at various "stages"... so there's alot of "creative" words in there..

if they're anything like previous stocks "titomic" comes to mind... they name dropped calaway, aerospace companies, trek/giant from memory... huge contracts and collaborations, I'm not saying they are the same but when you lead a horse to drink so much water and there's no water for the horsey.. no gooda.

I think they burn 10m a quarter on wages & also putting in 7.5m into new R&D. So take 50m off the next year in outgoings, they have 55m from previous orders.. I think they have 150m cash balance..

I wouldn't be surprised if they executed a 30m contract before end of June. The amount of buying and so much uptake on the raise, the big dogs don't risk these amounts of money with out some "certainty" or "inside knowledge"... but then again this wouldn't be the first asx listed company to put out some puff pastry.

good luck , I'm holding from 56c and think in 2 years time it might be a few bucks more but Trump will do his best to stop Ukraine war which can push DRO back