Takeaways from new company interviewGreat 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