It's definitely a setback and some explanation would be great. RIO can be a very difficult customer, we've seen this with mining services providers in the past. What we can take comfort in is the recent strength in new contracts and the ongoing pipeline. And as with any investment we can also look at the downside vs upside at any given moment and at 33m mcap the downside remains limited in my view. Could the stock be off 20%, sure it can, but given the breadth of products and customers, a mcap below $30m is a steal.
K2F Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
