Insight:
- 2021, Aurora completed its lead customer trial to validate the technology and prepare it for a 2022 commercial launch as per the Feb ‘21 PR. As noted in the Feb ‘22 PR the trial was completed and the software performed to expectations of mgmt.
- 2021, Oct a second trial was launched at a large 3GW+ factory in China with POC testing started in Feb ‘22.
- 2022: The focus is now turned to getting the Chinese customer signed up and paying on a subscription plan. I’m expecting more insight trials to be announced very soon across their broad portfolio of customers with timelines of 30 to 60 days.
BTI:
- A mammoth of a deal! Announced on March 3 Aurora will offer a maximum of 81 million shares to purchase BT imaging at a minimum price of 20c ACU shares.
- Revenue is expected to be approximately 15 to 20,000,000 per annum with a net profit.
- Mgmt is in Australia right now wrapping the deal up, should be closed soon.
2022 PT .50-60c CAD