It says that the revenue recognition for the contracted sales will be in the second half of this financial year ie next couple of months, 14.5 mil that would make the north of north american contract worth close to 10 million from my reckoning. Don't forget these blokes are in the banking industry they are not renown for their self promotion and positive spin. They also have a habit of releasing announcements in batches so I am expecting more to come shortly. It's also easy to forget that these contract negotiations take time and traders sitting in front of a computer can become frustrated, re ITE these blokes are not into mining the market like many at the moment.
ITE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held