Very good presentation from #wsg in the wake of DRC deal. They have multiple debt funding options on the table already and just sorting which is best for the company The $10mill initial year likely to be very conservative and over the next few years has the potential of multiples
BA likely to start adding flights like Qatar has done, Air france to expand etc. Cargo screening will be added as DRC are crying out for it which is just as big again, if not bigger. As is domestic passengers
Now it’s a signed contract the break clause is huge and internationally arbitrated so mitigates country/regime risk. All in all buying at 3p, you’ll make many multiples and not hard to see initial company SP target of 26p #wsg
@EstebanMaccers They also have put a conservative value on DRC alone at 10p per share