Member Info for hereandnow

Sheikh Salman Bin Mohammed Bin Khalid Bin Hethlain is the Crown Prince's Uncle. The massive privatisation programme is the Crown Prince's big policy to drive Saudi Arabia forward. WSG's JV with Sheikh Salman Bin Mohammed Bin Khalid Bin Hethlain's company is very well placed to apply for security roles in the privatisation of all the airports and ports.

From Final Results RNS “In 2018 we supplied numerous clients in around 53 countries across the world, including the UK, Middle East, South, East and West Africa, Eastern Europe, Asia and Latin America. By way of example, we secured contracts for VEHICLE SCREENING FOR AN AIR FORCE BASE IN THE MIDDLE EAST, explosive ordnance disposal equipment to the Nepalese Army, narcotics detectors to a UK Health Organisation, explosive detection to UNICEF, specialist screening equipment to countries around the world and we continued to supply security equipment and services to Government facilities across the UK.

And from the AGM statement “Having earlier this year delivered the remainder of the USD $4.5M VEHICLE SCREENING CONTRACT IN THE MIDDLE EAST,”

I wonder if these two things I highlighted are one and the same and which Middle Eastern country it is? Does one successfully fulfilled contract beget another?

I have not read any of your posts fella, just too long winded and repetitive , sorry, no offence meant.

With the CFO out there this week, I think we should get this contract signed and sealed.

Judging by the past two interviews I also suspect another contract to drop in the next couple of weeks. Very happy days, enjoy folks.

SL has been at the heart of WSG operations for some years. The company has reported record numbers going through the airport all of 2019. Now Air France has returned, bodes well.

https://t.co/KYyMJU43zN

the clear message that the CFO was back out to Ghana next week, I think it seems highly likely the contract will get signed and sealed next week.
They have been in talks with Said ports/airports for sometime it seems.
Neither of the JV RNSs were the promised 'several MSPs on the cusp'
Iran contract to go into a SPV
Remember a new German subsidiary was set up to facilitate something completely different which, as yet, we know nothing about.
African airport contract at some point
Boat sale
Historical debt collection plus attached new business
Keyguard debt retrieval in process

What have I missed out?

Nice background there Smithers

Well, no shit Sherlock...it has spudded!

This means the terms have been agreed , written down and now the lawyers on either side are goin g through it making sure their respective client is not signing up / committing to something which might cause problems down the line. MPS are dealing with a huge undertaking involving dozens of contracts over several years. WSG is one small part in this process. Both sides want it done and dusted, I can’t see either side messing it up at this late stage.
Many investors will wait for the full contract RNS, WSG hasn’t a great history at closing out contracts. They will be happy to buy at higher prices, it’ll still be cheap when they buy in then

Looked like a sell to me, good to see us continue to tick up, people taking some profits, newbies coming in, long termers topping up...above all, volume!

This Ghana contract will not only bring us a fantastic recurring revenue stream for many years, it demonstrates that WSG is capable of managing multiple MSCs , in both airports and ports. It must really help the company in their negotiations with other potential customers. There is no way such an esteemed and well connected Sheik would sign a JV with WSG at this time unless they were intent on bidding for fresh contracts in Saudi Arabia. The privatisation of ports and airports in SA is in progress. Looks like we will be in the mix for securing some of that business . SL track record, numerous tech contracts delivered, lots of training contracts, business in 53 countries around the world.......and now this superb Ghana contract must confirm what a good and serious operator WSG is.
On top of this the Saudi JV is NOT one of the 'several MSPs on the cusp of being delivered'. Lots of great news flow to come here. One contract will attract another. The income , profits and MC valuations that they will imply will dwarf today's SP.

Happy days, enjoy.

Good volumes, proving last year was a blip, extraction rate dropping-not good, CPO price remains on the floor so, until this demonstrates genuine recovery and/or the cashew project proves itself a winner, I cannot see DKL cultivating much market interest. One trade today!
I think LM, Youval and co. have built a great project and one day I think there will be good returns made. The sentiment for CPO is poor and the pricing rock bottom. They've just got to hang tight, keep costs down, be as efficient as possible, get the cashew project up and running and hope and pray for the upturn in the CPO market. I think it will happen, I just don't know when. Good people running a good business under the cosh from factors the past two years that are out of their control.

It's coming, chill. It was never going to be on time , was it? Get real, things happen FFS. The drill ship is there, it is there for a reason, the wells will be drilled.

Correct Mike GP

Unlikely, WSG keeps a tight ship. Just think we are grossly under valued considering the previous 2/3 RNSs, the 'promised' several MSCs on the cusp of being signed, the existing business etc etc

is just starting, so much news flow to come over the next 6 months, very exciting times.

Nice to se the management think it is the right time to clear the decks so they can be allowed to return funds to share holders when they monetise one of their assets.

https://chameleonevents.co.uk/events/guyana-oil-gas-economic-summit/

ECO is a sponsor and Colin Kinley is presenting . As is Stifel, our broker and Tullow.....£750 for one day...a bit outside my league!

Hopefully by the end of the month. 30-40 days from mid June so let's not get ahead of ourselves. It's a complex contract, it needs to be right.

https://www.investegate.co.uk/azinam-limited/rns/azinam-block-3b4b-farm-out-to-africa-oil-corp-/201907030700102744E/

Our biggest partner in Namibia plans to drill in the Walvis basin

Heard a rumour that the Stena Forth has just been converted into a cruise ship and they have stopped for a bit of fishing off of the Guyanese coast.
This is taking a while, perhaps they are waiting for some kit/spare part before kicking off?

Think we are singing from the same hymn sheet on this one Mike, agreed re. Ghana numbers, nice and conservative, hopefully they will surprise on the upside.