TP:
they've been making announcements regularly 1.5-2months apart. just over 2months now so hopefully an announcement on new work is coming.
IMO some good news will put it up past NTA at 7.7c and form a floor around the 8c mark. (reinstate value seen before mid yr earnings announcement). We knew the hit was coming. Any sign of improvement will be well received.
hoping that comes before end of month/early next month.
purely speculation and my opinion only, no knowledge of any jobs to be awarded.
These guys are in the right place at the right time to make a buck.
VMG offers the sorts of services an FMG are chasing and with their $2b investment lined up I would expect VMG to service FMG for a slice of it.
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