Here comes another power station contract ... looking very...

Here comes another power station contract ... looking very interesting now.

PEA has some of the most fuel efficient & unmanned power stations in the mining industry. These are the first & last peice of equipment on an operating mine ... very stable way to play the mining services sector.

Charlie Aitken started following the story 6 months ago. It is fairly valued at present, but if you annualise the uplift from fuel savings and some new contract wins it begins to look very cheap for this style of recurring earnings.