The signals are that the time has come for this co to raise its profile in Aust and get back to its status of N*2. The losses are written off and there is going to be som much work on that they will get a leg up. One good sign is the BDL gear driving accros the Nullabor from Pinjarra. They have got 2 major contracts in E/S and Iron ore demand is going to increase by 80% from the curent levells. They need drill and blast for that and the word is that the projects are going to start up with contract gear because the rest of the world cant supply the equipment. BDL are trying to order some more gear as well, Ive heard. This is going to rise more IMHO.
BDL Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
