Yet to be seen if they can generate any positive cashflow or profits from all these 'wins' in KSA.........what is only on teh 2nd page is that although the revenue will range ~2.6 times the current fee they have negotiated, what is less clear is the cost to generate that (so they are responsible for a whole range of additional costs including rent, maintenance etc).
Big numbers being put forward by this company for some time now.......what remains to be seen is if they can take a positive step away from the edge by generating some positive cashflow (after paying for leases) after all these new wins/contracts.
Ann: Site agreement with Saudi Water Academy, page-2
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Mkt cap ! $7.807M | |||
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