OIL 3.23% 16.0¢ optiscan imaging limited

Ann: Appendix 4D and Financial Statements - 31 Dec 2016, page-4

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  1. 2,505 Posts.
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    From where I sit that was the best report in the last ten years (maybe ever) that gives a feel for where OIL is headed.

    Just dealing with the Zeiss commentary

    We are delighted with our progress in this area through the back end of 2016 and into 2017 as we move into a production phase. Some of the key points include:

    • Delivery of Production Equivalent Systems (PES) in December 2016. These units have been tested fully by CZM who have confirmed that these units are now production ready

    • Delivery of additional Production Equivalent Systems(PES) in February 2017

    • We have also received orders from CZM for additional units scheduled for delivery later in the 2017 financial year; and In preparation for anticipated increased demand for the CZM Collaboration product, discussions have commenced with a Melbourne based high quality technical manufacturer who is able to provide the Company with the ability to assist Optiscan in meeting future production demands into 2017 and well beyond.
    A bit of icing NTA is 6 cents per share and you could buy them today for 5.4cents. That won`t be the case tomorrow so if you have any to sell put them up!!
 
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