Just a lazy contract of up to 50 mill.
Empired have been selected as a project delivery partner for mining system upgrade for a major resource company.
Project may ultimately be valued at $50 million, project design, development and implementation of core operational mining systems to replace legacy technologies.
3 year contract with 2 one year extension options.
This is a step into " the big time" potentially opening doors into similar large scale IT operations in the majors space, a whole new pie has just been baked.
Also announced an acquisition of OBS Pty Ltd, will be funded by a cap raise with two tranches - Euroz sole lead manager, 15 million in total to be raised at 62 cents.
Lines wiped after the halt ended, up 7%.
Massive step forward.
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