Def good news. The BRR IV is worth listening to. The CEO almost brushes over the fact that revenue in Q109 is over 50% of rev for whole of FY08!! The 6 month report next Feb will be outstanding and the mkt will realise what a gem this company is. Worth repeating that NMS is not affected by the downturn in mining engineering work and stk prices. I think a div is def on-the-cards in FY09. The underlying strength of company demonstrated by SP halving since August whereas most mining engineering firms have dropped by 75%. Hence, NMS done twice as well as other engineers/contractors. A new contract ann will see SP soar. They have plenty tenders in so very likely more work will be forthcoming fairly soon.
NMS Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held