Good points. I tend to agree with you about why that $600k order was on the 8K.
Looking at the big picture, there is huge upside for sales over the longterm. If Arcoplate makes sense for miners in Australia, it makes sense for miners everywhere. If Arcoplate makes sense, so does their 3-D cladding process to coat the inside of pipes with a similar alloy material.
If Alloy Steel were funded as lavishly as a dot-com start-up, they could hit all of these opportunities at the same time and grow faster, but then all that capital would dilute the crap out of the original investors. This way requires more patiences but will pay off more in the long run.
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