Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Https://twitter.com/RAH00084/status/1727267334341919005?t=iVxNXYxiE4bzeXz24JY20Q&s=19
Notable in the accounts is the stock that we have built in the last 6 months with a balance now worth £0.8m (at cost) which relates to the £1m of deferred income where insurance customers have prepaid for these deployments that will rollout in the coming months. Given the recent contract wins and strong sales pipeline this stoick build leaves us well positioned to deal with near to medium-term demands without being limited by production capacities. "
This means a healthy 9 months of runaway not including any growth or cost benefits due to scale of production? Any thoughts?
Https://youtu.be/pzlHUFGVQ1M?si=yaMUdWjrUd8AYfPi
It's quite clear with the synchronisation of apps there will be a greater penetration. So nearer 40% rather than 10% in my humble opinion!
Yes, penetration hit 40% in one of the trials.
I think the G4s trial should be interesting as that included free fitting by the G4s assessor.
Lots more to come. News from Austalasia next? This will open up another massive market in hotter climes.
Addressable customers 5m
@10% equals 500 000 x $60 =$30 000 000
@40% equals 2 000 000 ×$60 = $120 000 000
By these calculations Ondo should be a unicorn business!
He said "you can see it ! Others can't yet! Nothing wrong with your maths!".
Https://youtu.be/TLVM4q9e8EA?si=_7JTmsrtf5-n9jsX
It's taken a bit longer to roll out because the larger insurers want to integrate the ondo app within their own systems. Short term pain for long term gain!
A big vote of confidence!
Beware, results are often shorted! Mms play games to trigger stop losses on naive investors for savvy investors looking for a last chance fire sale!
Don't be a mug and give them your shares on the cheap!