Just a lazy contract of up to 50 mill.Empired have been selected...

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.