Lets look at the positives re:Remsafe acquistion(if it proceeds)
BHP,RIO TINTO and FMG use Remsafe technology.The technology is currently being used in shiploaders,train loaders,conveyors and inpit crushing and conveyor systems.
Remsafes technology has huge global potential in the gas and oil industry overseas.Its not just about iron ore mining,the technology is for all forms of bulk mining coal,oil,gas the list goes on.
Some posters on this forum should do some serious research on Remsafes Technology because its world class technology and the global potential is huge and yes OEC management have in the past cocked up a number of times BUT this time in my humble opinion they got this right.
DYOR
OEC Price at posting:
37.0¢ Sentiment: Buy Disclosure: Held
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