The LDA Capital Agreement.....0.50 per share x 40 Million to be issued, unless we move the goal posts.
Question: The timing of the (out of the blue) announcement, and the stated price per unit, given where the share price
has been revolving lately, does anyone care to give an educated guess as to why ?....if something big (potentially) is cooking,
what's your best guess ?
Just interested to get a feel of the mood in the room.
Cheers and good morning....Tech.
G'day Tech,
I think we were all caught of guard by the CR to instos last year, given how confident Sean and the BoD were at the AGM. I'm a fan of the LDA model but it needs sustained news flow to work as a call can last up to 2-3 mths. Was lack of news the reason Sean went for the CR over LDA? who knows.
I doubt a single announcement (unless it's huge) will keep our SP above 50c. We need to show the market that we are making money now and not 2 years down the track. So to hit and stay at 50cents I think we need a couple of IP deals signed and a positive 4C in the 2-3 months of the call period.
What might our next 4C look like?
* €190,000 from Frontgrade Gaisler and Airbus Defence and Space (as per Sept 2024 4C)
* €150,000 from ESA Discovery Open Space Innovation Platform. (FG IP announcement)
* $USD??? from U.S. Air Force Research Laboratory. (AFRL will begin making milestone payments in January 2025.)
* $100,000 from Bascom Hunter (Dec 4C)
* Edge box sales
Depends on what we get from AFRL but call it $150,000 ($1.8M divided by 12 mths). Should see us over $600,000 USD for the quarter and possibly higher depending on the AFRL payment.
As for news flow, there is the subcontractor to be named. Could be a double edged sword, even if it's a big name, we are paying them. No idea how the market may react? And we will need some 7 figure IP deals!!!
Timing for the next call?? Late Feb, more likely early March. The event calandar is full at that time as well (feeds in to news flow for the market)
Until then.......the SP will do what the SP does.