WOR 1.04% $15.06 worley limited

Ann: Trading update , page-30

  1. 1,666 Posts.
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    GS

    They should have been in Min Res for years.

    Difference with Min Res is that they are a miner as well, and the guys that run the business still own most of it. No other MS company that size has the board with that much skin in the game. Any other board can just walk with a payout if turns turtle, MIN guys have their own nuts on the line. They build their own mines cheaper than anyone else can.

    Might look at a short of WOR, as you say was $10 in 2009 and going forward conditions don't look as good as 2009.

    Baraka
 
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