RE: Quiz time7 Nov 2023 13:13
Bluepun
if certain revenue targets in a year are met then a minimum revenue guarantee would exist for the next year. However, in the context of the revenue that MOS would receive for this to be activated, the Board considers these would be modest and achievable from within the next year's revenue that MOS expects to receive from the contract.
We have an agreement where Pumas and Fed Mex guarantee revenue if a revenue target is met.
Can you clarify what the figures are? It would be really helpful and a confidence boost knowing we have guaranteed revenue, especially since the yearly $1.8M from IGS appears to have been lost.