Whether we do airside or not is totally irrelevant. If a stowaway can get into and hide in an airliner's landing gear at an airport, its security isn't sophisticated.
Its also pointless trying to make a tenuous case for virtually any country in Africa when we know that this particular potential contract is in East Africa. In fact it would be pretty dumb to look anywhere else other than East Africa when we have been told it is East Africa. I'm also quite confident, although not absolutely 100% certain, that it is a GMT+3 time zone country too, so that narrows it down further still. The new terminal at Dar Es Salaam was opened at the beginning of August, so I think it is also probably safe to assume that it isn't Tanzania, so that narrows it down just a little further still.
As I said, we also know that the airport is having an internal reorganisation. Now it turns out that Nairobi is replacing its CEO. Coincidence? Maybe, maybe not.
Mike GP - 16 Sep - "... who's the little tinker who has invested 9p to buy one share and start the rumour mill? Foxxy is that you being mischievous?" Aiming - 17 Sept - "there was a 1 code yesterday, the shares have tanked this morning on no news.....it's really here! we're going to be rich, rich i tell you!"
"but a lot has come from options" Has it? Even if that is the case, shares from the conversion of options still need to be paid for, they aren't free. How many options has he converted into shares Aiming and at what exercise prices were they?
Big, I can’t see MPS announcing fully operational if one of their main contractors is on probation.
Also, I can’t see WSG agreeing to go on unpaid probation for months on end, if at all, when it seems that MPS asked us to do the gig just 2 weeks prior to opening the new £1.5bn facility. If that isn’t a strong negotiating position I don’t know what is.
Very good points H&N. I think a lot forget that we had to emergency deploy to Ghana (those were Mark Hughes’ words if I recall correctly) to get the project up and running, no time to sort the admin of setting up companies, efficient tax structures and banking facilities to ensure that we can repatriate the cash flows efficiently beforehand. All that takes time, getting advice, putting actions into place. Until the right structures are in place I guess they can’t sign contracts anyway. Didn’t the last RNS refer to contracts ie plural?
Absolutely AIMing it would be in a separate group if it happens - set up new co - give WSG shareholders shares in new co and transfer German Co and contract into new Co. It’ll require shareholder circulars, so there is a cost, so I don’t expect that to happen until the Iran deal gets a green light.