oh well - not igniting the market that is for sure (maybe budget day isn't the best for a medium sized contract ?)
BUT - been looking at Brazil contracts and if my take on things is correct:
That now possibly accounts for 1/4 to 1/3 of CNN sales revenue - and only just starting, so hopefully more to come and hopefully Brazil may help in getting contracts from the wider region, who knows...............
So - if that might grow 1/3 to possibly 40% of sales volume (pending further Asian contracts): Might CNN be better off securing a factory and getting some extruders (3 more on order ?) to service that region once contracts are long term ? Would give them more flexibility as well having 2 production centres ?
Might help reduce cost of final product (shipping from Nanjing factory etc) - make the product even more carbon neutral (no shipping) service contracts more efficiently and create some jobs for local people and thereby garner more support of the product line ?
Just a thought…………………….
CNN Price at posting:
0.3¢ Sentiment: None Disclosure: Held