I’m no expert... but consider this...
Think about the difficulty convincing Boeing to drop current Vendors for TTT... Vendors who probably are mid term contracts and committed.
Titomic have to displace existing manufacturing....anyone who thinks that’s going to happen quickly is misguided. If I was Boing I would want the beegeezus tested out of any components fabricated differently to what they use now, before they go in to an Aeroplane I fly in to get to work.
Even the powder market has its entry issues..Jeff Lang said in recent media release that Russia’s monopoly on powder supply was also compounded by 10 year supply contracts... so powder consumers may be commit to Russia for some time before Titomic gets a look in. Much the same philosophy with components.
Anyways...CSIRO already proved the Technology.(that’s how I understand it)
They chose Titomic to commercialise it and if before the end of 2019 TTT do actually enter into a commercial contract then that’s a tad over 2 years from IPO to revenue making business.
I think it’s pretty impressive what they have accomplished in 2 years considering compliance, meeting standards and the like.
I’m going to give them a break and more time to prove they are the real deal.... and to be honest the SP means nothing just now, it’s so volatile on the back of nothings it’s frustrating.. so trying not to notice
AIMHO
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12 | 408362 | 0.120 |
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Price($) | Vol. | No. |
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