OTCPK:EUCTF - Post by User
Comment by
green24on Jun 03, 2016 12:57pm
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Post# 24931841
RE:RE:RE:RE:Disaster
RE:RE:RE:RE:DisasterRingert wrote: Regarding those 'sicpa deals'... I'm not expecting any deals until late 2017. These are lengthy processes. A country initiates a tender for a new fuel marking program, companies have to sign up, a selection has to be made, trials and lots of test have to be done etc etc. Takes forever.
If that is true, and it does sound like it makes sense, then why are the Swiss buying so much lately? It does seem like they believe something is getting close.
Also, wasn't there some rumor about the European tender process getting delayed so that our GFI deal could close with SICPA? Wouldn't that imply that the process has been ongoing for several months already? Maybe they are still just in the selection phase or the trial phase... but something still seems to be up. Daily buying by the Swiss houses seems more important at the moment than how long the process for bids and deals could take.