The result surprised me to the upside but then I was a bit cautious beforehand.
My main concern with this company was that there was going to be a massive drop due to the ongoing issues with the coal industry. But the growth in the US, the potential of getting in the Canadian market and the uplift in mining activity as infrastructure spending increases have me quite positive now that they actually showed their NPAT increased. Pick and shovel play if I have ever seen one.
MAD Price at posting:
91.0¢ Sentiment: Buy Disclosure: Held
