I get the frustration as it’s been so long, but IMO they have come so far with Oper8tor it doesn’t make sense to ditch it right now if the upside when they get to the end is considerable.
If they are successful in getting a partnership for Oper8tor I am hoping it will mean that they can share some of the costs of rolling it out from that point on.
Revenues are interesting but I look at the cash position. Operating net cash used has come down to -116k last quarter, so it seems like with the economies of scale and additional channels with 2SG, plus ongoing Quantas support, the last quarter may perform even better. Directors may even be able to have their pay cut reversed once the mining royalty cash ($1.75m) comes in.
if the growth of the main business wasn’t so strong I’d be concerned, but 2SG has given them a real boost so I believe it won’t be long now.
DYOR - I did mine Rob
VN8 Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
