PerthFX, I am assuming that you must have credentials in mining services other than that you know people who worked for CGH, given the significant amount of interest you obviously have in companies like CGH and FGE?
You keep mentioning "rampers" but how do we know that you are not similarly trying to influence prices the other way for your own benefit? Don't get me wrong, I don't dispute that senior management of such companies get paid very well, that they tend to benefit in good times and not be penalised in bad times or that disclosures to the market should be better but none of these matters are limited to mining services companies.
The current market is certainly a lot tighter for the industry but I really don't buy your argument that EPCM is dead. In fact look at page 28 in Friday's AFR "Rio Tinto has confirmed plans to outsource the $US6 billion ($6.7 billion) engineering nightmare that will be the construction of the railway and port needed to link its iron ore riches in Guinea's Toura Mountains to the steelmakers of the world." Roy Hill is showing every sign of going ahead, as is Christmas Creek for FMG. The future really doesn't look anywhere near as bleak as you would have others believe, in my mind at least.
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