The key words there are "so many".
In all honesty, not many ventures have excelled at being average at many different things. Better to be really good at one thing than seek to be average at many things. How many fingers in the pie with this mob? Where's the focus? From tech with a TAM in the billions, to obscure drill holes. Not even one of their resource projects has ever been remotely successful and this mob think that they'll be able to commercialise a product to the world? Honeywell perhaps? Laughable.
In terms of probability, it's highly improbable.
The market has cottoned on to their announcements.
Consider that Charles Murphy (MD & Acting Chairman) will pocket up to $307,000 (Annual report 2023 - Page 14) representing a company that continually seeks Government Grants and seemingly, has never made a profit. Consider $40k of revenue when the annual remuneration for 3 x Directors is $781,000 (not inclusive of 'reasonable' travel, expenses and accommodation) The Premier of Western Australia - Roger Cook, will be paid a salary of $377,000.
The question here is...how stupid are politicians? There's easier ways to feather your nest. Just ask the 3 x Directors.
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