It is definitely a step in the right direction and I applaud the...

It is definitely a step in the right direction and I applaud the directors for saving this company.
I lost far more than you fangulator and I can still recognise the decent job they have done to keep it breathing and finally begin to turn it around.

Having said that, with a market cap of 3-4 million, it would need to make a profit of 300-400K just to be on a PE of 10. I think these contracts are a long way off that, but the market might just ignore this once HTI proves it is self-sufficient for funding and can continue until it secures an "elephant".

I suspect there is too much scepticism around for that to be the case in advance of a secured contract. We have heard it all before with metronet in London and the metro lines in asia (IIRC it was hong kong). The fact is, HTI works around a long list of other priorities to get its work done on major infrastructure projects and as such will get knocked around with timelines etc.

with this in mind, I don't think we will get a sustained increase in the SP in the absence of a large contract.

This is barely a micro-cap stock which would rule out most of the insto money.

I like this company and Gray, but for now I will wait on the sidelines. As fang said, we have seen it all before.