new jobs at fge, page-2

good find by mithrall. i attach huge importance to these items as they provide direct evidence of what is happening on the ground. I've written on the SLR thread how absurd wages/conditions are crippling Aussie gold/base metal mines, and the closure of several coal mines in QLD bears me out. I bought FGE in anticipation it would hire exc new skilled personell at good salaries, but below those on offer 6 months ago. LCM and ESPECIALLY SXE find themselves in the same position. Largish contracts with LNG plants over next 2.5 yrs and able to get skilled people who require little training. Looking good to me. LNG about the one sector of MS engineering offering plenty work over next 3 yrs.

disclosure: Hold FEG, LCM and SXE. All bought recently.