re: my call is - fubahrain
Fubahrain, I have also had a few discussions with fotios over the last couple of months. each time i brought up the issue of the 56m contract he assured me that there were no issues and that receipts from the contract will be shown in the next report.
In the last quarterly report he also mentions that the aerospace customer will provide a schedule for the next 6 months of deliveries, and that discussions re pricing for the next 12 months will take place next month. To me this sounds like the contract is still a happening thing.
To date everything that he has mentioned during our conversation has happened. So like you said, unless he is a blatant liar about this 56m contract, then i think its looking good and anything under 10c is a sceaming buy.
TAA Price at posting:
0.0¢ Sentiment: None Disclosure: Held