Disappointing share price action. Here are a few important bits of the Quarterly in my view:
- We are in contract negotiations with a Tier 1 WA-based miner for our Infoscope solution....we anticipate final sign-off from this new name client before the end of this quarter.
- We are the preferred bidder with our Infoscope solution for another new name, Australian mining company.
- Mobile Inspection and Works Management project within Arc Infrastructure...K2F is now engaged in a second phase project and is providing further on-site consultancy which is likely to continue until mid-2019.
- K2F was recently awarded a contract with FMG for Kony software and services. The project will run throughout 2019
- K2F has recently entered in to a software reseller agreement with Totalmobile from the UK...he initial, 3-year term can be extended by mutual consent.
- In the last few days, K2F has signed a Time & Materials contract with ABB for consulting services in 2019 amounting to approximately $1.5M.
So seems like a lot of contracts happening and hopefully Infoscope announced this quarter.
I still think this looks really promising.
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- Ann: K2F Appendix 4C - Quarterly Cash Flow Report
Ann: K2F Appendix 4C - Quarterly Cash Flow Report, page-6
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