Morning Gang
Those of us who have been loyal supporters for a long time will be able to comprehend how big this partnership is, and the revenue that it has the potential to bring in over the next 12 months & beyond
This is an offering to the global market like no other & as per the original SC announcement, SC are highly incentivised financially to push this unrivalled global product to each & every one of their customers
given the ASX didn't allow the original SC announcement to be price sensitive, don't expect them at all to allow this to be an announcement
what I have been educated on from the board of this company & several other companies I am invested in is that the ASX has become very anal & pains in the backsides with regards to company announcements (these are my words)
generally unless there are revenue predictions they will not allow it to go out. putting out revenue projections isn't prudent in my opinion, it's not as easy as that, it is very difficult to predict these types of things and you can very easily end up with egg on your face if you get it wrong. it's simply not worth the risk and knowing how the company operates, they would rather underpromise and over deliver with strong revenue growth moving forward
as further background, I recall the ASX rejecting Harvest's attempt to announce the Ocean Infinity Partnership approx 12 months ago
each vessel we equip with our tech will bring in hundreds of thousands of annually recurring USD revenue
from my research OI was intending on releasing 10-20 of these vessels. There have been some delays around the construction of these vessels due to Covid, however as restrictions ease globally, I would expect these to come online at a very fast pace
enough from me. good day everyone.
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