3 years contract , page-15

I rang and spoke with MD Brenden Mitchell recently. Decent softly spoken fellow (ex Brambles). He said that demand for cranes is increasing and will rise substantially over next 12 months esp in resource area which is where BOL stated 6 months ago they are focusing. The debt issue is solved and he is positive re the next 12-24months for BOL. The august release will hopefully have a fairly detailed outlook/forecast. The unknown is whether another TO will re-appear. NTA waay exceeds SP. UBS value BOL at 53c. My hope is SPwill quickly return to 40c when august ann makes clear how strong the boomin mine infrastructure is for BOL.