RE:Lockheed Contract
Excellentexcerptfrom thefacts.
As we always sayDyorand tryto readbetween the lines.
It clearlyenough,we will worktogetherwithLHand(Nu-Cast).
A pieceofthe notes to thelatest figures frommywriting01-06
Our Engineered Materials gross profit margin is adversely affected by fixed costs being spread over a small sales volume. In the short term, only material costs are truly variable.
Salaries, wages, and management fees include the cost of manufacturing personnel other than the cost of manufacturing employees included in the cost of sales.
In the current quarter, we incurred prototype development costs, estimated at $101, as part of a development initiative with Lockheed Martin. We cannot be sure that this initiative will result in an order.
We may be obliged to incur material expenditures on purchases of property, plant and equipment to maintain our productive capacity or service customers. In particular, based on sales initiatives under way, we are contemplating the purchase of equipment to expand our capacity to produce Beralcast® products. We will need to raise further capital in order to complete such an expansion
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