this is audio of a CAL DIVE presentation done late last month. it goes 37 mins. the 1st 15 mins sums up who CAL DIVE is and where they are going. very impressive - they will be going places in the coming years, and NMS are with them. the next 10 mins is financials. then follows a Q & A session - very informative.
NMS are not mentioned by name. several references are made to australia, one point specifically being 'significant barriers to entry' in the australian market, namely working with the diving unions. their fraser diving acquisition assists this, but further links are obvious - NMS being a likely partner.
on the caldive.com website, there is mention of them getting their largest ever contract, worth $80M. in this audio they named TAIPAN (what it sounded like) as the client - i was unable to locate anything regarding such a company - maybe someone else can listen & do the research.
NMS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
