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.
K2F Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held