NBS 0.00% 9.9¢ nationwide building society.

contracts update, page-2

  1. 70 Posts.
    Good work.

    So reading between the lines ....


    Sounds like China is on go slow until Malaysia up and running and generating cashflow.
    Malaysia - royalty mainly from foreign workers. This could be a huge amount and free of gov't budgets so cant be cancelled. 2-2.5m current legal foreign workers plus any who are given work permits after the amnesty times US$15 per worker per year is big. (note i am assuming same rate as Maldives).

    really we need the announcement of the Malaysia contract, cashflow and then we can start to consider China.

 
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