XTEK is now establishing a production factory to be ready mid CY18 with a large XTclaveTM machine and other equipment ready to start manufacturing and deliveries by then. Capacity will be around 50,000 plates per year for a turnover worth $20 to $30m p.a.
And
With these 4 elements in place, we are now ready to bring XTEK to a new level of growth not presently shown in the forecast of this presentation.
Capitalisation of this stock, with the catalysts coming , compared to some of the crap on the market at the moment, is a real no brainer for the medium and long term, significant capital growth.
XTE Price at posting:
50.0¢ Sentiment: Buy Disclosure: Held