RE:RE:Call was genuine and promising in my opinion
Thanks illumination1 for additional info on the other components. This aspect learned today is what I have been hoping for. One component and a $2M reccuring contract every few years isn't going to take this company to the next level. Howeer, the fact that this initial order is a proving ground, the potential for other cast components within the same program is very exciting. This is where LM can make a difference. We know there is talks with other aerospace companies, yes. and of course new contracts can be rewarding. But I am actually comfortable with the potential wiht LM giving we have an actual business relationship with them.
No doubt this is a long-term investment and I am comfortable with this. It is refreshing to find a company trading with such small market cap that is not into the hype game. Nothing I have heard from management over the years has shown otherwise.
Let's look in the next few months word on expanding the furnace(s), it seems clear to me that they know they will need to do so but are awaiting until confidence is built on future orders. That could be a good since if we hear about them expanding their production capabilities.
I don't believe I heard the word "drone" in the CC. That is another catalyst that can support share price. I hope the lack of mention was they were waiting on news, as opposed to there wasn't a positive response to the testing pieces provided last fall.