Good read. IMO this was a good release. Keeping shareholders...

Good read. IMO this was a good release. Keeping shareholders informed, acknowledging the past year and moving forward.

Some of the key points of the presentation(IMO)being:

"Problem contracts have been closed out with no carry over to FY 2009"
"Turnaround in performance since May 2008"
"Independant Review of Project Management Systems by Turner & Townsend (T&T) completed"
"Implementation of Improved Program underway with T&T involved as project managers"
"Board and Management committed to profit improvement"
"Key "blue chip" clients in all 4 Business Units"
"Large fleet of own equipment"
"Limited number of Comparable Contractor with plant/people"
"Oportunities in Pilbara and NT"
"Commenced mobilisation for Mining Contract at Cloubreak (FMG)"
"Additional opportunities in Pilbara with FMG, BHP and others"
"Appointment of new CEO"
"Focus on restoring shareholder value"
"Confident of improved profit result"

Worth checking out the full release.

Cheers