improved mining services outlook.

Investment in this sector is improving. It was great to see MND's announcement & interpretation.

Managing director Rob Velletri said resource market conditions had further strengthened in the recent months, particularly in iron ore and coal, while the energy market also continued to strengthen.

"In particular, we are seeing a number of LNG developments, both in WA and Queensland, moving towards the execution phase," he said.

"The infrastructure market is also forecast to be buoyant for some time, providing a large number of opportunities for our transmission pipelines and water businesses."

The high levels of committed and planned investment in iron ore, coal and LNG developments would drive a rapid return to full capacity for the industry, Mr Velletri said.

Ausenco has been heavily shorted. I can't say that it wouldnt put a smile on my face to know that with a continued run a number of them will be stopped out.

I have faith in Ausenco.