The replacement of the vertical desorber of the TDU ( cost $1.5m I think ) has been put on the backburner from what I could gather due to the large amount of business coming in with much higher margins (toxic drum waste etc) and Kwinana is currently going through an expansion stage so they can take on more work - business is booming ( close to a monoploy )
They now have a 10 hectare site at Karratha and will eventually be developed similar to Pt Hedland
There is definately another acqusition in the pipeline and may be bigger than the last ( TransPacific? lol )
The Delvex acqusition was a masterstroke of just how good management are - this is hand in glove stuff not bolt on and located only 10 kms from Kwinana - handy
Im sure theres heaps more I could write but you can probably tell from what I have written and as Big Kev
would say " I'm Excited "
Cheers and happy investing
kawartha
Disclaimer : The above is my opinion only DYOR
agm report (part 2 )
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