good news, page-12

Damo and Benson - what if the unthinkable happens and NBS does announce formal execution of a significant Malaysian contract?

I am prepared to have a wager.

I have always said that management in the past have had a very poor record in disclosure and continually over promised and significantly undelivered and in turn have burnt many shareholders.

I realise it is easy for me to say because my entry point was at 7c and have significantly added to my holding since. However, what I can tell you is that Malaysian contract is real. Nexcode stickers are being put on passports. My understanding is at least high 60s entry points of 93 have been set up in Malaysia and government is happy with progress.

I cannot tell you the quantum or tenure of contract. This should be revealed early next week although I do have a worry as to extent of disclosure primarily because of my understanding of what Malaysian government will allow due to national security concerns.

If it is significant and company transformational then I am genuinely happy for long suffering holders of nbs.