SWK swick mining services ltd
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new research report on website - buy

  1. ASXBULL
    840 Posts.
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    19/08/09
    20:52
    Post #: 5529867

    http://www.swickmining.com.au/newsFiles/325/2009-08-12_08-45-09_017_Hartleys_-_11_Aug_09.pdf

    We expect the utilisation level to increase to 50 rigs over the next 4-6 months, meaning the Australian fleet should be fully utilised by January 2010. In a nutshell, we could expect to see a total of 17-19 more rigs in work both in Australia and overseas by the end of FY10.

    IF this is the case, then $1 share price is not far.....as share price reflects future.
    SWK Price at posting: 65.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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