Cant give a specific % of recurring revenue Mike but a fair portion of work is via ongoing service contracts with the likes of Chevron, ConocoPhillips and Santos to name a few. The spend on LNG projects is still huge but unfortunately all contractors are being tarred with the same brush. TTN and LCM are the standouts in the small cap contractors space with the capex spend of oil majors at record levels.
More jobs on offer at LCM than earlier in the year-
Job location All locations Adelaide All Locations Brisbane Brisbane / Perth Perth Pilbara / Perth
Job No.
Job Title
Job Location
Registration Doc
Open Date
Closing Date
263
Reliability Or Maintenance Engineer
Perth
n/a
22 Nov 13
22 Dec 13
264
Senior Process Engineer
Adelaide
n/a
22 Nov 13
22 Dec 13
265
Spare Parts Specialist / Cataloguer
Perth
n/a
22 Nov 13
22 Dec 13
262
Principal Control Systems Engineer
Adelaide
n/a
21 Nov 13
21 Dec 13
261
Administration Trainee
Perth
n/a
20 Nov 13
20 Dec 13
259
Electrical Engineer (Hazardous Areas)
Brisbane
n/a
13 Nov 13
14 Dec 13
258
Mechanical Engineer
Perth
n/a
11 Nov 13
11 Dec 13
257
Process Engineer
Perth
n/a
11 Nov 13
21 Dec 13
256
Control Systems Engineer
Perth
n/a
11 Nov 13
11 Dec 13
255
Electrical Construction Supervisor
Pilbara / Perth
n/a
05 Nov 13
05 Dec 13
254
Project Controls Manager
Adelaide
n/a
05 Nov 13
05 Dec 13
252
EEHA Trainer
Brisbane / Perth
n/a
01 Nov 13
01 Dec 13
250
Electrical Engineer
Brisbane
n/a
24 Oct 13
28 Nov 13
248
Technical Officer – Qualified Electrician
Adelaide
n/a
11 Oct 13
20 Dec 13
245
Senior Project Engineer
Adelaide
n/a
03 Oct 13
28 Nov 13
244
Project Coordinator
Brisbane
Feel the LCM SP will be underpinned by what is looking like an easily sustainable dividend. Happy to add should SP dip below $1.40.
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