What a change around for this company.No wonder it's a hot stock...

What a change around for this company.

No wonder it's a hot stock with lots of volume on the buy side each day.

With highlights like these from the Chairman's address at the AGM it's worth taking a closer look at Brandrill IMHO.

Purchase of 11 drill rigs from Roche Mining which has resulted in a short term contract being renewed for 4 years.

Expansion into the Queensland Coal industry in the Bowen Basin.

End of June 2006 they will have a fleet of 65 rigs.

Order book stands at $170m with over $700m in tenders and quotes outstanding. BDL expect a significant portion of these to be converted to contracts.

Contracting revenue for 2005/2006 to be in the order of $100m and they are looking at a "minimum" bottom line return of 5% on sales. First quarter results indicate they will achieve this.

Looking to pay divvies in 2006/2007.


Cheers

Cobby