XTEK - News, page-2

SILU > .   thank you for the Great work/research you do on XTE,  we all undoubtedly benefit from your input .

it certainly keeps me believing and hoping for future contracts and financial reality to improve.      

Silu  What is your time frame for holding XTE if material change and new product contracts fail to materialise ?

For me, it  would be interesting to see the financial contribution from the maintenance of the SUAS as margins should be better than

the few % they gain on the sales of the Drones

The new  development around XTclave is Exciting as it includes the collaboration with the USA diamond age (ceramic strike face materials) company   with results expected back early 2019.

We all know that new products have to first be tested than approve than orders have to come through lots of lengthy processes,  but nevertheless

If a contract with the USA army will  eventuate than we are on the right page.     there are few more products and deals with the Australian army and in Europe that may shift a gear.        all  these possibilities may transform in time some will  commercialised, hopefully.             

Revenue this year will increase and we may be in for an upgrade in the second half.  if XTE can be profitable and display positive cash flow and increment in cash held than i believe SP will follow through as confidence in the numbers will afford  new believers / investors.      

I allow myself till the End of year report ( August/19 ) to see if any changes to SP and progress are advancing.

Thanks Silu