Ann: Resignation of Directors, page-18

The presentation at the AGM didn't say they didn't have any work.. They said they had gone back to base load work after the mining boom finished.. The example they gave was that CAterpillar buckets and machinery weren't being ordered, chatting to the ceo afterwards he said that all the mining gear parked up was providing parts for worn machinery, instead of buying new..

Bradkens problem as one of the posters pointed out is debt, without debt, their base load work would be turning a nice profit with China at capacity, etc..

It'll be interesting to see how a new management team works and how they manage to increase profits and viability.