This is true, however they will need 10 new contracts similar to King Price and PICA to get close to balancing the books. Both of those contracts are solid total numbers but they are spread over a number of years, which is great for long term repeatable revenue and cash, but as i say there would need to be 10 more of that size to even come close to covering off the annual cost base seen in the last set of numbers.
Given that we are now in the 10th month of the year and there have been no announcements around new business it would perhaps suggest that contracts are not that easy to come by. If that's the case then how many more capital raisings can this stock take.
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