I only heard a pocket recording of the meeting. It was all very successful by the sounds of things though. The company has a strong management and they seem to know exactly where they want to take the company. Lange has spent the first few months just reviewing hte company's structure, operations, etc and planning. Now it is time for execution of plans. There was certainly the feeling that there is no more pussy footing around with strategies. I got pretty good vibes just from hearing the soundtrack. The person that went on my behalf was also suitably impressed.
It was stressed that the business potential very much lays in oil and gas, and navy (Aust, US, UK etc) both for the bigger picture company and NEPSYS. The growth of the company towards being a full service provider is the focus (firstly in Australia as we knew from the previous announcements and then the world), but this will not take the attention away from attacking opportunities in the Gulf of Mexico, Middle East, Asia, locally, etc with NEPSYS on its own.
Lange is wanting to get sustained cash flow and leverage to markets in the near future to take the "lumpiness" (sec) out of the company.
I only heard a pocket recording of the meeting. It was all very...
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