K2F 0.00% 18.8¢ k2fly limited

Ann: K2F Appendix 4C - Quarterly Cash Flow Report, page-6

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  1. 171 Posts.
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    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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