"From the annual report they said they said they had been in discussions with new and existing clients and were expecting to announce new contracts in the coming months."
They also said they would rapidly follow after the signing of the first JSF contracts. This is a slow developer, whose technology is not yet totally supported by industry, and until that changes, its growth will be slow.
What happened to those commercial unitised plants that were for sale for what about a year now...no interest. The problem with tech coys is coming to commercial acceptance by more of the industry. The story sounds great, many do, it is about those contracts coming into existence and cash flow. The coy has spruked the improvements and new contracts to follow, but failed on their own time lines far too often. One must discount what they are saying, until proven wrong.
My interest? I have been in and out of these, and continue to follow what sounds like a good story.
interesting reading, page-7
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