Don't understand what the use is of this profit forecast. They haven't said anything new, since last time. It has only reconfirmed previous announcements.
Surely they could give us more than saying, a maiden profit of between $1M to $4M. You would think by now they would know what it is. It doesn't take much accounting work to figure out such low sums. We are not talking $50 Billion, its only a few million.
Furthermore, its the last paragraph that I want to know the answers to. Where they say, "The extent to this improvement is difficult to quantify and dependent on many factors".
Well we know the Australian dollar is moving towards 80 cents and possibly higher, and therefore this can't be good for AGIs production costs, as their machines become more expensive to the Russians etc. This could have a direct bearing on any further orders, and their bottom line profits.
A wait and see approach is more prudent at this stage, as they could be many years away from their goals.
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