They have not yet demonstrated the ability to land a really big contract. If they succeed with this one, the new cash resources and credibility will enable them to grow into a larger-scale company.
Between January 14th and April 23rd AMMX issued something like 8 PRs announcing Orders received. There have been no PRs since. This may explain some of the selling. The impression I got from Marty in a phone call yesterday is that this part of the business has slowed a bit, although this may just be my gloss on what seemed to me to be a vague response to my question.
She was quick to say that, even though there were a lot of letters back and forth, things were still quite positive in relation to the Niger deal.