Good announcement, wording may have set off trip wires at ASX, but that all soon will pass, and we are safe in the knowledge they are working to generate revenues and cashflow and somebody in Europe thinks BLG are the guys to do it for them. I would like to see a royalty element built into any future contracts like this, though the wording suggests there may be a lot more to come for Bluglass though it is not possible to speculate based on what they have said. There will be CIC contracts all over the show in this business and the ASX needs to wake up and smell the roses.
BLG Price at posting:
3.1¢ Sentiment: Buy Disclosure: Held
