Saturday, October 24, 2015 4:38:49 PM
1. U.S. Army, developing business with huge potential.
2. Lifting of yield sign, should be before end of 2015. Should make shares attractive to more conservative investors. AMMX is undervalued at the moment, and will shortly be much more so.
3. Niger truck business, finally getting close. $72m sales each year for five years. More could follow.
4. Mali client, potential for 60 machine follow-up order worth $7.5m
5. Nigeria: Chevron large crane deal expected. Promising contact Dr Jester in Nigeria, which is Africa's biggest economy.
6. Republic of Congo: Lee's partner Jean-Noel Makaya said to have visited Chico in August 2015. Good prospects but nothing specific yet.
7. Niger military project: longer term, after truck deal concluded.
8. Senegal: some chances for further refurbished construction equipment business, but has gone cold.
It has been a long wait, 6 years in my case, but patience will be amply rewarded.
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