So ur making the assumption that the WHOLE $12 mill is going to Nanotron??? WOW, enourmous assumption, and 99.99% chance it's incorrect.
Given no guidance figure was presented (i.e. nothing to crow about), assume the opposite case...
Likely a discounted test batch, undergoing commercial testing. Which is, albeit, a positive step, just how psoitive? Lack of clarity is a red flag.
SE1 Price at posting:
13.0¢ Sentiment: None Disclosure: Not Held