Where to ...supply base?, page-14

Guys sorry to be bearish again but is not the Singapore yard subject to a lease which ends in the next few or so years?

In other news, MCE, Matrix Composite Engineerimg, another Perth based oil industry in a round about way, saw a increased substantial holdings from Forager today. Forager previously held MRM but sold out a while ago due to balance sheet stress. Might be worth a look see at MCE. For disclosure I hold a small amount of MCE, more as a diversified than as a strong position.