Member Info for bamb

International Atomic Energy Agency report shows Iran is still abiding by the deal's key restrictions on its nuclear facilities in return for relief from damaging economic sanctions. There'll be some pussyfooting around but these situations have a habit of quick resolutions particularly if other countries want to stick two fingers up to trump.

what value for the company if the 2nd major contract due to get signed in 2018 is comparable to Iran?

First meeting between EU and Iran later today without the US...this will soon get resolved IMO.

good to get confirmation that the Iran contract is for 15 years. That's not at all bad overall.

https://edition.cnn.com/2018/05/24/asia/iran-china-germany-nuclear-intl/index.html

FYR will be here tomorrow at 7am. I'm sure there will be something they can add to Iran - hopefully that they have done everything their end and now just waiting for the green light. But what will be interesting is what the 'strong pipeline of deals' brings...

If this deal was a no, it would have been cancelled tout suite. The fact that 2 weeks have already passed bodes well and with Iran now fading a little from the news, it won't be long before WSG can finally announce the deal in all it's glory.

Not at all worried about our deal. I would think there are very few hurdles for WSG and it is become very apparent how this will pan out. No idea about timescales, but i feel it will be sooner not later. Expect plenty of buying in to Fridays' news.

Trump pulling out of the agreement may actually be a good thing for WSG as it will eliminate a lot of the competition not just from Iran but perhaps across the middle east. I can�t see Iran letting the WSG deal slip away now that there are far fewer alternatives. There can�t be too many airport security firms big enough for deals that WSG are chasing who don�t have some involvement with the US. And agree that the Iran deal is far more valuable than several small ones around the world which we would be happy to lose. When all the dust settles, we could actually find ourselves in a stronger bargaining position in the middle east with more deals chucked our way.

https://www.washingtonpost.com/world/middle_east/iran-signs-agreement-with-british-consortium-to-develop-oil/2018/05/17/045a48e4-59a9-11e8-9889-07bcc1327f4b_story.html?noredirect=on&utm_term=.70999e125f12

Interesting that the client i.e. Iran were happy for Peter to say who it was in last weeks RNS if there was so much doubt. Begs the question that the RNS was just an overture and all parties already knew the deal would happen?

what is good is the speed at which Iran are securing the assurances of the other members of the agreement. Every day we will be one step closer to realising the contract. Then expect some back steps by the US. As for as i am concerned this was just a great top up opportunity. I would expect an update from WSG before the 25th.

and our contract will happen...Dust needs to settle but it won't be long before this is all sorted (either the US are reigned in or WSG have circumvented the issue) 'US wants to work with Europeans on new Iran deal: Pompeo'

SP should move north regardless of Iran as we anticipate hearing details on the major pipeline of deals elsewhere. We have no idea how far they have progressed since they decided on radio silence on progress until contract signed. But another few surprises like the recent contract win will be nice.

Chief Executive of Iran Airports and Air Navigation Company Rahmatollah Mahabadi said that US President Trump�s decision on the Joint Comprehensive Plan of Action (JCPOA) will have no effect on the development of airport industry of the country.

Hassan Rouhani already working hard to maintain the deal and Iran's economic interests. With PF making sure the supply chain is compliant (and i'm guessing it was near-compliant anyway) then expect an update sooner than some think. PF would not have said the contract was signed unless he was confident of success for investors.. ''Iranian President Hassan Rouhani tasked on Saturday his foreign minister to address with China, Russia and Europe the options available to Tehran in wake of the U.S. withdrawal from the nuclear deal. Rouhani took the decision during a government meeting for his economy team, which included Foreign Minister Mohammed Javad Zarif and Oil Minister Bijan Zangeneh. The meeting focused on the repercussions of the U.S. withdrawal, particularly the economic ones.''

not worried at all here. Still in shock mind it's Iran but hey ho. Digested the morning news and had a few chats and not much fear about Trump affecting our deal. Storm in a teacup after throwing a few toys out of his pram. The sanctions won't take effect until later in the year so plenty time for everyone to sort themselves out. Luckily for us we have the FYRs in between to buoy up the SP. I also doubt there is much for WSG to do to make themselves fully compliant to the worst case scenario..

could well do...can sell 100K for 12.16. Not surprised.

Spent the morning looking into this, speaking to a few buddies and rereading the RNS. Definitely an over-reaction to yet another poorly written RNS by PF. Quite simply, the phrase �put on hold� has convinced most that the deal is off or inactive for a long time. I doubt that and we could get another RNS confirming all is good sooner than we all think. (OK I also admit that it is a little worrying that Iran was the client, but that is where the money is!). Peter has said in the RNS they should be OK as things stand and now we know that the contract is signed, so things will move very fast once WSG are good to go. Plus the Iran government will not want to lose any more business so I would expect plenty of encouragement to keep the deal. Mountain out of a molehill anyone? And don�t forget we have FYR in 2 weeks where Peter has promised to reveal more about the strong pipeline of deals. Time to take stock will be then, not now. Plus� Europe is prepared to introduce measures to nullify the effect of Donald Trump imposing sanctions on any non-US firm that continues to do business with Iran, the French government said on Friday.

This deal WILL happen. PF had to communicate yesterday. IMO he gave us too much info and has ended up making it sound a lot worse than it is. Today will belong to the derampers. But expecting positive update before end of May.