Snosrap,there are many announcements due shortly which imo can...

Snosrap,there are many announcements due shortly which imo can only have a positive effect on bis sp.
ie selection of phase 3 tenders,the winning frigate tender,approval ? of bis sub steel and possible supply agreement signing of supply by bsl ,bis and naval group.
plus any potential export announcement.
Still can't find any direct current information linking bis to opv's and frigates.
But imo some interesting trivia.
First as per rheinmetall statement bis is free to use rheinmetall armor plate beyond rheinmetall vehicles (attraction for bsl to build US armour plant).So bis probably now has the ability to produce such pressure grade sub outside of france ,bis being the only foreign co with such capability.The interesting part being france supplied the new UK nuclear sub steel because the UK didn't have the steel technology ,as bis had to supply sample of steel to naval group it will be interesting if bis is free to supply sub steel beyond dcns ie the US market.. bis armour steel different process to bis pressure plate steel production.

And again,bluescope steel and libertyonesteel sign agreement to supply 48,000 tons of steel for sea 5000 bae type 26 variant frigate?,again UK did not have the technology to supply the thin armor technology plate for frigates ie supplied by sweden ssab?but bsl has signed the supply agreement with bae so who will process the bae/bsl steel to armour grade ? has to be bis but still can't find a direct statement linking bis,same lurssen opv's.

As posted previously once hawkei in full production starting 2018,once boxer in full production started end 2018,once all above contracts plus any future indonesian/middle east export contracts placed,plus if wear plate for mining sector remains at current reasonable production levels,bis broker coverage should start.
At above contracts/ stage bis sp should reflect the value of bis technology,making it an attractive acquisition as a domestic play or if bsl expands by building a bis plant in the US,taking into account bis already supplies US oshkosh vehicles.
SP as posted ,i'll settle for $1.70 t/o price including .28 cents fc to use up $4m fc's on books and adding .12 cents to my ato fc tax return.ie 1.82.
ps at $1.70 bis market cap would be approx $75m,chicken feed,just one sub steel supply would blow that sp out of the water,imo only.