MAH 0.00% 29.0¢ macmahon holdings limited

Ann: CAI: Warrawoona Construction and Pictorial Update, page-4

  1. 505 Posts.
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    Correct, and was already included in the order book of 4.7 billion as last reported 8 March.

    In addition, the preferred status at King of the Hills ( another $650 million) has been announced.

    Since early December, MAH has announced more than 1.5 billion of new contracts or preferred status, much of it higher margin underground gold/copper works, but the market hasn't recognised this.

    Still pending is Batu Hijau phase 8 and Tropicana extension.

    And just today, Strandline has achieved binding equity for its mineral sands project, where MAH is preferred as operator.

    Market is a joke, but patient investors will be rewarded, I believe.
 
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