This should set a little fire under the share price!!
NOMINATION AS SUCCESSFUL BIDDER BHP BILLITON OLYMPIC DAM Boom Logistics Limited (“BOOM”), Australia’s leading provider of crane logistics and related industrial services, today announced that following a competitive tender process, it has been nominated as the successful bidder for a 5 year term to supply crane services to BHP Billiton’s Olympic Dam Operations. This represents a new business opportunity for BOOM.
This nomination is conditional upon both BOOM and BHP Billiton reaching agreement on the detailed terms and conditions. A further update will be provided once terms and conditions have been finalised between the parties
BOL Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held
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