MAH 0.88% 28.3¢ macmahon holdings limited

Ann: SBM: St Barbara appoints new underground mining contractor, page-2

  1. 52 Posts.
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    This is good news and supportive of the MAH ambition for more underground work, I hope they didn't take a haircut to get into this project. Generally miners will only change operators to reduce costs, and reading through the lines of the St Barbara announcement, the mining contract make have productivity milestones.

    I'd have to this this is a relatively small contract, if I look back at the annual presentation, the new client bubbles in tender phase are fairly small. However, I think this is a move in the right direction and supportive of managements ambitions.

    https://hotcopper.com.au/data/attachments/2964/2964006-975067d7ffe421cb7500368b2a58f8a3.jpg
 
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