Yeah, it’s been two months since an update and four months since...

Yeah, it’s been two months since an update and four months since a contract win! So surely things can only improve from here?!

Historically, the contract wins peak over the next few months so the big question is just how different this year will now be.

I am expecting less contract wins than would have otherwise been the case but would be shocked if there were suddenly zero contract wins given WA seems to have COVID mostly under control and the majority of the mining sector remains strong.

Absolute worst case if the work starts to really dry up we have the balance sheet strength to get through and with Jobkeeper the cash burn should be very manageable.

The quarterly is due imminently... either this one or the next will be quite strong IMO but even just reassuring the punters with the strong cash balance may help with investor confidence.