"PRIVATE Brisbane coal company Syntech Resources has awarded a $190 million operations contract to the ASX-listed Macmahon Holdings Limited (MAH) that could be worth up to $1 billion annual revenue in three years time.
Macmahon will operate Syntech?s Cameby Downs mine in the Surat Basin for three years, with production expected to commence in July."
MTE Price at posting:
91.0¢ Sentiment: ST Buy Disclosure: Held