mining & infrastructure services

This one should get a boost from any additional govt. infrastucture spending post budget, coupled with the current mining boom and thee deal with Remtech, earnings should be growing nicely.

"The strong demand for the services provided by our McFee subsidiary has enabled us to reach the targets we announced prior to our last capital raising in November 2005 a little earlier than predicted.

I am pleased to say that McFee’s growth has been ahead of plan and we now have achieved monthly revenue of $4,000,000 per month from a zero base back in June 2005.

The contracts we have been awarded to date have minimum risk and are with blue chip clients such as Bendigo Mining, Alcan, Barclay Mowlem, Rio Tinto, MAN and ERA. The projects are being performed Australia-wide. Our Sydney office has been very busy and our customer base, market share and overall foot print in the industry we operate in has expanded."