This is not an insignificant update.
The reach of this contract is huge. It speaks to the increasing requirement for sophisticated software in Energy operations.
This contract is in addition to:
- two large contracts announced at 30 June
- 5 Medium announced at 30 June
- Numerous small announced at 30 June
- The large contract that was delayed as at February 2023
- The very large european contract delayed but not lost as at September 2023
This type of contract win rate is unprecedented in EOL's history.
Even this new contract announced yesterday of unknown size; its breadth of market and deep integration with client is a significant step change in responsibility for EOL's software.
$5.85 is looking awfully cheap. Not sure how this price would even get a YES vote with Vaughan Busby against it.
Sort of irrelevant if the deal is dead or not. If they don't increase the price signifficantly I don't see how it gets approved.
EOL win in Europe, page-2
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