The Thames Water deal was announced on 15 March last year. The initial contract was for "one year, with an option to significantly extend both the term and number of client sites." If such an extension happens, this will be massive for Envirosuite. My guess is that renewal/expansion discussions will be well underway and given that we've only ever heard positive feedback from the company about the relationship, some very good news is just around the corner. Increased buying now is likely smart money jumping on board in expectation of a significant announcement in the next 2-3 weeks.
EVS Price at posting:
7.1¢ Sentiment: Buy Disclosure: Held
