So, CIA looking to achieve revenue of $105 for the full-year with the award of this contract - $52.5 million to Allmine group. The doubling of the CIA workforce over the past quarter, plus the stated intention to add an additional 100 signals that there may be more project awards to come.
In the coming months I expect to see formal award's for some of the $300 million of contracts for which Arccon has already been nominated as preferred contractor.
Another step closer to achieving the forecast revenue of $150 mil for 2012.
AZG Price at posting:
11.5¢ Sentiment: LT Buy Disclosure: Held