RE: LTI12 Jan 2020 12:49
Life is more fun with the filter Bambas. LTI, thanks for reply. The news that break even can be achieved through just 500,000 connections in year 1, reducing in following years, is probably bigger news than any 200,000 contract win. That information was never going to compromise CC's position with customers or competitors, it was simply never officially relayed to shareholders, and still hasn't been. If it is accurate, it lifts CC from a 10 million connection that in my view was always going to be a stretch - indeed the document itself was quoting 10 years! I didn't make it up, it does exist somewhere, and if CC have managed to change the business model to that extent, and it is a massive extent, shareholders should have been notified. It would have shut me up months ago . I still hold view that CC will not be volume suppliers, now it appears they don't have to be. Within 2 weeks we should learn so much more.