Dollar bills22 Apr 2024 15:26
Great news on the Valkor front. I must admit I was not expecting anything, especially on a Friday. The way I read the last RNS is that we should expect more updates over the coming weeks and months now. That domino has been pushed which should start a cascade of events which ultimately will be a big milestone for Quadrise, once they get receipt of payment from Valkor, not only is this a major milestone for the company and actual revenue in the bank, but could open up more doors in America. Those yanks have a lot of dosh and when it comes to sales……making your first is always the hardest.
Once the company can prove they have a solution, real world data and a happy customer, it enables them to market something & bag new business/deals, galvanises the team whilst improving environmental credentials of all the parties involved. Who knows this Utah project could evolve into something much bigger for Quadrise! In addition, if we start making money and steadily progress towards commercialisation, it means any underhanded tactics to try buy our technology on the cheap will be off the cards when we have cash flow. Not getting ahead of myself, but if things start to go our way for once, then the potential for growth on our very small MCAP is mental. We’ve got money in the bank and I hope we start to get a flurry of good news and tangible progression from here. GLA Basher