TSXV:RHT.H - Post by User
Comment by
PoorOpinionon Aug 08, 2018 10:11am
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Post# 28426568
RE:Australia
RE:Australiadigitel wrote: Australia was mentioned last conference call and here we have a contract today. It took over two months to close. They likely did their due diligence and were satisfied which is good validation concerning the strength of existing programs. The Australian contract looks to be with a credible and significant organization and may speak to a significant percentage of the 500,000 patient backlog RHT reported. This could be a good reference contract in the future leading to more sales.
I hadnt expected that these sorts of pilot programs represent part of the pipeline, it seems its only the likes of mingzhu that start counting the patient numbers. The NHS pilot cant be counted it would be too big, I dont ever remember the Sioux pilot being mentioned in this way. 500,000 is a large number compared to the size of the contracts that have been announced recently so I guess its possible but its doubtful.
For those that dont know the flying doctors is an iconic national organization in Australia.