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Minelab Vanquish, New Detector Soon To Be Released


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The half-year investor presentation mentions 3 new releases by minelab. One is a radio device, the other a counter-mine detector and the other a recreational detector. Might be jumping the gun thinking the gpz is going to be replaced just yet.

minelab.PNG

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Please note that Codan-Minelab's core tasks from FY16-18 were "To lessen dependence on the GPZ 7000" and create a "Wider metal detector product range" which was done by the R&D team over those 2 years.... the Investor presentations run to end of each financial year and that ends in 7 weeks. Hence the release of the info at the dealer conference a few weeks ago. 2 dealers have now confirmed the replacement of the Zed. When this will happen???... they both say before the end of this year. With 3 machines due out, its a matter of which comes first.

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Also, with ML having a 4 year cycle between major prospecting unit releases, the Zed stands at 3 years 6 months right now.....something extra to think about :rolleyes:

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17 minutes ago, Aureous said:

 2 dealers have now confirmed the replacement of the Zed. When this will happen???... they both say before the end of this year. 

Or if they signed non disclosure agreements, someone could be feeding spurious information at a conference full of moles and leaky sieves in order to weed out the leakers. What were your 2 dealers names again? :tongue:

If on the other hand they didn't sign such agreements then they should be willing to step forward surely and be the first to the market with all this hotly anticipated info.

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1 hour ago, Aureous said:

Please note that Codan-Minelab's core tasks from FY16-18 were "To lessen dependence on the GPZ 7000" and create a "Wider metal detector product range" which was done by the R&D team over those 2 years.... the Investor presentations run to end of each financial year and that ends in 7 weeks. Hence the release of the info at the dealer conference a few weeks ago. 2 dealers have now confirmed the replacement of the Zed. When this will happen???... they both say before the end of this year. With 3 machines due out, its a matter of which comes first.

Really? Which dealers have said its happening?

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47 minutes ago, jasong said:

Or if they signed non disclosure agreements, someone could be feeding spurious information at a conference full of moles and leaky sieves in order to weed out the leakers. What were your 2 dealers names again? :tongue:

If on the other hand they didn't sign such agreements then they should be willing to step forward surely and be the first to the market with all this hotly anticipated info.

You mentioned dealers but earlier someone said testers also. Years back I knew 2 guys who were testers. They opened their mouths and very soon were no longer testers. That was the Sd2200. If any testers are blabbing and Minelab find out who, they'll soon no longer be one. 

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Jasong, the dealers would be 'raked over the coals' if any of this was made public....ML know it will happen but they have to make it look like they're keeping a lid on it ? Apparently other forums have more details.... seems to confirm what Ive said. 

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Interestingly, the AU$12,995 price tag would indicate a gold prospecting unit in the same vein as the GP7000, same $$ number that I was told a few days ago. No coin/relic machine would sell for that $$

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