TSXV:CBLU - Post Discussion
Post by
SkywalkerofLuke on Jul 29, 2022 3:47pm
News
CBLU.v CBUTF looking attractive at these levels, especially considering their news today that they signed an agreement with NuRAN Wireless Inc. with an initial estimated value between $8M to $10M in rev. over the next 3 years.
This is one of the largest deals to date for CBLU who will power an estimated minimum of 1,333 telecom sites in the DRC with the first order = $750k in rev. and an estimated $2.5 million per year in rev. between 2022 and 2025.
As well, NuRAN just closed a $125 Million NaaS contract with MTN Sudan, which not only could mean that CBLU may receive orders from NUR to fulfill their new rural mobile infrastructure contract but also that projects are being green lit again out of the pandemic which is big for CBLU and their smart off-grid system.
https://www.globenewswire.com/news-release/2021/07/29/2271098/0/en/Clear-Blue-Technologies-Awarded-Multi-Million-Dollar-Contract-by-NuRAN.html
Be the first to comment on this post