@Inferno31 - I think it has three things working in its...

@Inferno31 - I think it has three things working in its favour...

1. There aren't many decent clean tech opportunities on the ASX and this provides good exposure to that market
2. As far as clean tech goes it is commercially ready with a filling pipeline of leads. Other opportunities of a similar nature were too early stage and flame out before they reach revenue
3. Once the first contracts start getting runs on the board, the revenues start hitting the hundreds of thousands and millions very quickly.

When looking at RFN for instance they are signing up big clients but the sum total is only a few thousand dollars. It will take a long time for them to get to $1M-$5M in revenue.

Even NOR and RAP which are half decent looking companies, they are selling announcements of their run rate and not actual revenue. As always once the $$ are announced the backing comes along with it.

If the $$ don’t come then it could languish. However, companies like GE though have an interest in making sure it does fly and the team have a great track record doing the same thing at AqWise. This substantially derisks the commercial proposition so it is a matter of ‘when’ not ‘if’.