In a nut shell they are just starting up and the old adage "You gotta spend money to make money" is at work.
Not too sure on the finer points of the accounting but the WA deal could be the turning point as far as profit goes, will help stem losses this year and I am hoping for profit next year.
The blue sky will shine brightly on this one as the rest of Australia and the world take up usage of MWR's product.
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