MX1 0.00% 9.0¢ micro-x limited

Investors Conference Call

  1. 391 Posts.
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    Both Peter and the CFO sound very excited and confident today, Good questions asked by Stella and others in the conference call thank you!

    Peter mentioned in New York State ordered 200 units of mobile X-ray machines recently in one order, MX1 has part of it actually nobody is able to fill up the orders themselves distributors work very hard to deal with rush orders from around the world including CA Italy etc. It is unlikely the demand will ease even the curve flattened as most governments are prepared for 2nd wave of the epidemic.

    The production of 2 units per day will be achieved by end of July.Also China continuously place very high volume of orders but MX1 cannot supply due to their 2 year lead time of approval.

    Rover FDA clearance will likely take half of the normal timeline. The standard lead time is 90 days whilst our Nano took 73 days, Peter added. US defense force will be our first client. Aussie contract will be ready in a few weeks time as they jumped up late.
 
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