Post by
Glut1980 on Feb 16, 2021 4:40pm
Sites in Ghana show higher penetration rates than anticipate
https://www.facebook.com/1189469074413196/posts/4301292586564147/
They planned for 20% rate for the current 500M contract
Comment by
SlackerSlave on Feb 16, 2021 4:56pm
Wow. Day 4 of their launch in Ghana and they have already 53% market penetration and climbing when they had modeled their costs and revenue on 30%. Think of the additional revenue they will likely get in the DRC if their market penetration is similar.
Comment by
Stonksnbonds on Feb 16, 2021 9:12pm
They said they based new contract off 20%,on the call. they made a comment it was very consevative as they didn't want to set high expectations.. That would be double their expecations. Said payback on sites would be 18 months if I remember correct. this cuts into that heavy and could make them very profitable alot sooner.