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You would not want to be out of this over the weekend ;)

You would not want to be out of this over the weekend ;)

$7 per container is extremely low. I the US using the same scanning technology the figures are up to $225 per container. So a conservative figure even £50 each is very very low. I will even take £20 per container and the port will get 1 million containers through the port this year. I would be more than happy with that

Exciting times! Just waiting on that contract to be confirmed and then its game on

https://data.worldbank.org/indicator/IS.SHP.GOOD.TU?locations=GH

https://www.cbo.gov/sites/default/files/114th-congress-2015-2016/reports/51478-Shipping-Containers.pdf

interesting read

This is the system that they will be using then?

https://www.smithsdetection.com/products/hcvp/

100 to 120 vehicles per hour!

good, almost choked on my soup

Anyway lets say £50 per container: 1 million containers per year? £50 million to WSG at a conservative estimate?

Cheers Ian. I thought we were providing the kit aswell as the manpower. Phew!

PARIS--(BUSINESS WIRE)--Jun. 20, 2019-- Smiths Detection has won a contract with Meridian Port Services Limited (MPS) to provide cargo inspection technology for the major Tema Port Expansion project in Ghana - designed to accommodate the world’s largest container ships, improve cargo handling productivity and increase trade to both Ghana and the rest of Africa.

Was there any mention of Four Smiths prior to this announcement?

https://markets.ft.com/data/announce/detail?dockey=600-201906200722BIZWIRE_USPRX____BW5310-1

AM I MISSING SOMETHING HERE?

Well I did, and on average it costs between $150 to $220 dollars per container. The port has enough capacity for how many containers.....?

Do the math!

Did anyone manage to do some digging and find out the average cost per container scanned?

Did anyone manage to do some digging and find out the average cost per container scanned?

I have a sell order in for half my holding at £2.75p

stopped out those with stop losses and now moving back up 119p on the bid

This is a business that is on sale. You will be laughing your socks off when this recovers and the company is valued at what it should be! £2.50 plus

Foxy, that was my concern , but its the only IF about this company. The contract for the port in Ghana should get signed and I expect a RNS stating this before the end of next week. The SP will then hit at least 30p IMHO so I think if they were going to have a placing it would be after that announcement.