Situation is quite different from 2022. Post the last business update, is apparently we had a $20+M pipeline of opportunities with many outside defence area. Have a US factory ready to supply against new contracts with all the benefits of being sited in the US. Sure the team in the US are busy trying to generate new contracts. However there have been NO new contracts announcements in the US since December, 6 months ago. Whilst there has been some turmoil with the new administration and might be some opportunities waiting on this passing of the budget, there is no lack of money flowing into the defence industries. This gap is a worry as we have not even seen some more small US contracts. Don't get me wrong, as I am invested in AML3D and believe they are following a good strategy. Watching each morning for some announcements on new contracts. We urgently need some contracts soon otherwise we will have a US facility sitting idle once the history orders are competed.
AL3 Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
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