Post by
BCdude on Feb 12, 2021 10:50am
Takeaways from new company interview
Great new video interview, posted by Glut1980. It really underlines the scope of where this company is going over the next five years and beyond.
Apart from the current $500 million deal with Orange and $33 million deals with Cameroon and ISAT, there are four more African countries NUR is negotiating with Orange. PLUS, Orange is in 12 additional African countries beyond these six. PLUS, in the mid term there are many other telcom providers in other parts of the world that have expressed interest in NUR's technology.
I also like what Jim Bailey said about the numbers -- they've assumed a very low 20% adoption rate, which is expected to be much higher in reality. So plenty of room for uspside to the announced contract numbers, margins, and profits. He also mentioned that if a particular location isn't producing more than the assumed 20% after 2-3 years, they can move the equipment to another site where it can be better utilized.
The next year or two will be NUR's opportunity to implement and prove out this business model, with a mountain of business due to come their way as they do. Five years from now this should be trading at many multiples of the current share price.
GLTA
Comment by
oceaneleven on Feb 12, 2021 1:36pm
does not take long to put a tower up..I have one on my property and I get free unlimited internet...Once all the flags were put in for digging purposes they came in and did it all in one day...that includes trenching lines, power hook up yadda yadda...but because they are putting up in the jungle, could be challenging with all the monkeys and snakes YIKES!!!!!!