Wrongway - yes I agree first half good and second half second...

Wrongway - yes I agree first half good and second half second stronger than first but think some action on contracts in the next month or two based on the following quotes for the AGM back in November.

"There are a number of additional contracts still to be let and we will be tendering or negotiating these in the early part of next year." This refers to (presumably large) Caspian sea projects.

"We have also just secured a 2 year maintenance
contract with BHP at its HBI plant and are currently fielding a number of large and high quality enquiries. The environment is indeed very different from the last 2 years and we will have no shortage of opportunities."

In the longer term see the follwing links to info on the Burrup peninsular in WA. Looks like lots of activity coming up over the next year and PCG has indicated it will be targeting these projects (see the old presentation on their website for revenues for PCG associated with these projects).

http://www.sundaytimes.news.com.au/common/story_page/0,7034,5856223%255E 2761,00.html

http://www.training.wa.gov.au/sub-sites/stsweb/inform/vol6/page2.htm

Always interested in the opinions of others.

Cheers
hots