Ann: Anglo American Subsidiary Drone Services Contract Update, page-2

  1. 5,178 Posts.
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    Can't say iam overly concerned about this ann.

    It has been known that Anglo are looking to divest these assets and this looks to be part of the process to split the operations off from the head co.

    As per the contract renewal notice - 3 months notice given means the income from the part of the contract being cancelled at this point in time will roll off come end of Feb.

    Company has plenty of time to re-sign with the new operating entity / asset owner or replace the lost income with new contract wins.
 
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