RNS: 18% if £10OM contract is being fulfilled now18 Apr 2023 11:41
Current MKT cap is ? 14M !
100/14 = 6 x under valued right now! approx. You get the point
The kits for the first programme are currently being transferred and account for approximately 18% of the total contract annual revenue. Work is already underway for the second programme and, being the single largest programme, accounts for a further 25% of the total contract annual revenue. This therefore means that approximately 43% of the total contract annual revenue is on schedule to be approved and at rate production by the end of May 2023, with the remainder to follow.
The facility is now also being marketed as a launch hub for future customers, and high-level business development activities are already underway with several large potential customers.