Repeating small higher margin contracts on top of a few big headline contracts this year and the total revenue will surprise Mr Market.
Presumably these first 2 month's contracts could mostly have been included in the $75 million of orders they anticipate being completed in 2018.
However let's say that from now on for the rest of the year at $1 million a week of new small contract wins will add another $40 million+ on top of the $75 million.
$115 million plus possibly the African $34 million up front plus other higher profile wins, sounds very encouraging.
And this share was at 41c? something does not add up.
regards, EB
FLC
Price at posting:
41.5¢ Sentiment: Buy Disclosure: Held
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