interesting interview - great potential with US navy due to being able to put on a ship - guarantee $1.5m Aus defence contract - world x-ray market 10 times what it was - cap raise for fast procurement of desperate orders - supply chain working phones day and night to get suppliers in - big backlog order, expected to get through in coming week - no visibility of pipeline, sales are all about being able to fulfil immediately - working with Carestream to fill big orders - indications that demand will be sustained for some time - US Military potential, have 400 x ray machines in service, planning to replace over the next few years - cash will last till 2022 - operating cash positive 2 years away due to spending to speed up adoption of others products - IED technology has great potential and a high margin, finished architecture and will have a model this time next year
MX1 Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held
