RE:Is this large van transit order ever going to materialize?
I agree and perhaps BC transit needed a stronger balance sheet to sign off on the deal? I've heard some rumblings NFI is getting into their face a bit on some of these tenders saying "how can you be sure such a small company can honor their warranties" Some cash in the till could alleviate these concerns Still not happy about the raise but it's a tough market and a bird in the hand sometimes better than the one in the bush. This raise still more than 100% above the pricing on the last one. A few big orders and all will be forgotten. Eye on the prize!