Yes agree with all, commendable result in light of current...

Yes agree with all, commendable result in light of current conditions and the numbers that other mining contractors have submitted.

Positives
Margins have held very well
Diversifying into gold
Cash generation superb
Some new clients to replace contracts lost
Debt reduced
Dividend up

Negatives
EPS is falling due to dilution
Atlas' operations are very marginal at current prices
Civil segment revenue fell from $39m to $26m

Let's just hope the $A gold price stays firm so that the diversification strategy pays off. IMO the business is extremely well run, although capital management is questionable.