Ann: Appendix 4C - quarterly, page-64

What did you expect when the market is down overall and most specs are off yesterdays closing prices.

This is a medium term hold for me based on the FA and the improving TA.

WSI's biggest contracts are yet to come and were hinted at in the quarterly.

From my research they should start to land very soon.

1.2m volumes this morning is nothing.

"SIMPEC expects further significant contracts, which have been tendered for, to be awarded in the coming weeks. The awards to date form an excellent platform for SIMPEC to fulfil much larger contracts with its growing team."