I'm all for a conservative management team but LBL taking that to a new level today by sneaking in a new Tech sale in their presentation released to the ASX this morning. On slide 13 ("Technology Division Overview") the following dot points are the bottom of the page:

• In September 22 entered a 10 year Technology licensing agreement with a NZ company which will provide $1.4 million initial revenue and ongoing license fees and consumable sales for the term of the agreement.
• Delivery of the equipment for all three Technology sales will be achieved during FY22 providing revenue of $3.9 million plus ongoing consumables sales and license fees.

Some real momentum behind the Tech division now, gives a lot more confidence to managements FY22 $40m revenue target.

Canaccord have initiated on LBL this morning with a 90c price target.

https://youtu.be/lvHDvsfen1w?t=4739

Wayne (CEO) presented at the ASX Small and Mid Cap conference today. Good overview of the business in 15 mins.

https://www.linkedin.com/posts/laserbond-limited_lasercladding-activity-6674132622156951552--SKD

Update from LBL on LinkedIn yesterday about two new personnel adds in the sales team "due to continued strong market growth". Sounds promising that growth has been found after the weak 1H20 report.