Yeah, Brauny, I find that one stat very illuminating.
In their FY presentation last Aug, they had 11.9MW contracted utilisation, and were forecasting, over the year, new sales of 2.4 - 3.0MW (i.e. total of 14.3 - 14.9MW)
At the HY presentation in Feb,they already had 14.3MW in place (i.e. the bottom end of the FY forecast!) and increased their FY forecast to new sales of 3.4 - 4.0MW (i.e. 15.3 - 15.9MW total)
At that time, P1 had 0.4MW contracted utilisation, and now just two months later it is nearly full (i.e. 1.4MW). That's an additional 1MW contracted in one data centre in two months. So we know that they now have 15.3MW contracted, without taking into account any changes in M1/S1/B1/C1.
Which is the lower end of the FY forecast. And it is only April.
I may be a bit blinkered, but I think that augurs very well for some good utilisation figures at the FY announcement.
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