To days results17 Mar 2021 22:39
I considered today to be very positive only marred by the negative backward looking brigade.Reviewing the presentation this evening leads me seek clarification from some of the more positive and professional investors.I totally agree with NO FEAR in his view that JL could have made so much more of the Selbourne contract that contract alone is truly transformative.What interests me is the fact that not only is it huge but moreover on page 47 of the presentation ,almost as an aside,there is reference to 900m contract also being signed.Now I'm my book that's a very considerable contract simply to slip in as footnote at the end of a presentation.I certainly didn't conclude that it was the same as the main contract.Did know O take this into account when doing his worthy initial valuation.