GREY:FTPLF - Post by User
Comment by
Nighthawk40on Dec 01, 2010 9:53pm
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Post# 17787172
Banknote Competitor's Legal Problems...
Banknote Competitor's Legal Problems...De La Rue could face legal action over banknote production problems
De La Rue has admitted it could face claims from one of its biggest customersover paper production problems that have knocked close to a third off thebanknote printer's value.
The customer, the Reserve Bank of India contributes a whopping 25% to De La Rue's bottom line. No wonder the CEO has left the company.
If Chad can land this contract, he could easily justify expansion or possibly buying another printing mill.
An opportunity like this is extremely rare.
I hope FTP can take advantage of this once in a life time opportunity.
With Chad in charge, I wouldn't be surprised if FTP is awarded this contract.
Cheers,
Nighthawk