News: MLD MACA Ltd Executes Contract With Carabella Resources, page-46

Good call...things seem a little healthier today Nightmare . Thanks for the reassurance
Always good to remember fundamentals :
Dividend yield 5.6% at these prices .
Good potential for capital appreciation at these prices .

Carabella cobtract announced seven weeks back takes
...”MACA's work in hand position to $1.982 billion.
MACA reaffirmed its recent full-year revenue guidance of around $620 million.”
https://www.miningnews.net/stocks-market-insight/news/1345845/big-win-for-maca

Elsewhere in the story it notes
“The project will be an ‘alliance' style contract aimed at delivering the lowest possible cost to our client," MACA said.”

Which made me think of the recent merger/alliance between Global Construction Services and SRG
https://thewest.com.au/business/mer...ering-with-srg-merger-of-equals-ng-b88863646z
Current market cap here $309.5M according to HC.....
Maybe Maca could roll into a massive Australian company alliance with GCS and others that could take on all aspects of any job and stand up to the international players in mining and civil infrastructure ...and beat them .