Ann: Veris Survey Project Awards, page-11

Yes a big week...my take is as long as revenue is tracking above $70 million for the half we are going to be okay. I base this on good margins for Elton and Aqura and Queensland surveying, at least covering a reasonable amount of head office expenses etc so EBITDA should still be positive even if we get a net loss. Maintaining revenue will eventually flow through to a net profit once margins are fixed and this should be by the end of full year. The current market cap of $25 million is just a fraction over 2 months revenue making the current price plain silly. A reasonable result along with rectification of surveying margins across the sector makes this one of the best buys on the ASX at the moment.