RDG 0.00% 2.2¢ resource development group limited

Ann: Half Yearly Report and Accounts, page-11

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  1. 1,384 Posts.
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    One of the exciting things I found in particular with the last announcement (28/2/18) was this paragraph:

    Strategy and Outlook
    "The award of the recent contract at the Wodgina mine site for concrete placement and civil works has enabled the Group to re-focus its energies on where it is best suited to be able to drive value. There has been an increase in tendering opportunities in recent weeks, with several opportunities having been tendered of which we are awaiting the outcome."

    Last but not least, I also found it ironic that on 2 January 2018, Central Systems Pty Ltd (a subsidiary of RDG) announced a contract award for a concrete and civil works package by Crushing Services International Pty Ltd, (a subsidiary of Mineral Resources Limited), considering the managing directors of both parent companies are brothers and all.

    I think Mineral Resources (ASX:MIN) are going to be where a lot of our future work will come from. That and BHP progressively.

    Just my thoughts,
    Dalto24
 
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