Components for 2200 NGVS kits approx $4,000, 0000? Spares (approx 500k per quarter) $2,000, 000? Total $6,000,000, This years total sales $2,932,000.
So we will have double this years total not allowing for any further increase in sales or spares for the coming year which is very encouraging.
While these figures are very crude things are certainly looking more positive for the coming 12 month period. It will be very interesting to see what the quantity for the second order will be under the Tata agreement. Remember this agreement runs for 10 years with the first 3 years due to deliver $30 million in sales revenue. We have now started this process so it is very exciting to see the workers back to working a full week and this company making agreement coming to fruition.
ACE Price at posting:
3.8¢ Sentiment: LT Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)