RNS19 Dec 2019 07:36
Decent update. Revenues from Ghana not as high as I had hoped which means the payments on account are a smaller percentage than I had guessed. It just means a decent back dated cheque once the contract gets signed....which they state as being a formality,'will allow for our contracts to be formally exchanged, albeit this is a formality given we are already appointed and operational'. A nice bonus that they have picked up more business in country already....I expect that to grow, not just more tech but airport and other port potential for MSCs
Asian port scanner, much as expected. One done, one about to go.
The boat........huge bonus! Nearly $500k more than we dared hope!
Saudi, v encouraging noises, use of the word several,'We are pleased to report an experienced business development team is now in place within the country and we are already involved in several large-scale project opportunities in the Kingdom, including Saudi ports where we have conducted detailed operational and vulnerability assessments.'
SL.......That looks like being even better than we thought, clearly numbers expanding fast, excellent for the bottom line.
And then a warrant holder showing great confidence 375k shares at 12.5p
Pretty good all round