While the company is not out of the woods yet, I think there are signs of hope.
Firstly the contract is "simple profit sharing" so hopefully there won't be contentious issues that become grounds for dispute.
Secondly, "reduced costs" in terms of crushing costs and "the overall cost structure"
Hopefully we will at some stage get an ann that outlines exactly what the contract is. The last contract was never very well explained, with shareholders having to infer from given examples what was going on. I look forward to the day when we get the kind of cost breakdowns (and hopefully profits!) of the likes of NST.
WWI Price at posting:
2.0¢ Sentiment: None Disclosure: Held
