Hi orion, I think you may have mistaken the first line here: "...

Hi orion, I think you may have mistaken the first line here:

"

Significant Events
During the year ended 30 June 2016, management continued to perform ongoing construction works for its largest
customer, Samsung C&T. At 30 June 2016, all works were completed for this customer.
We have also continued to deliver minor projects and services to BHP Billiton Iron Ore as part of our term framework
agreement. Whilst these projects are considerably smaller than some of our major projects in recent years, this long term​

repeat customer is highly valued and provides an opportunity to maintain our core personnel and capabilities.
"

So, I believe the samsung c & t - all works have been completed. However, minor projects and works will continue to be provided to BHP. There may also be further work looking to be taken with the government on housing.

THey do seem light on the order book but have mentioned some work coming in so at least there is likely to be some revenue and profit to pay salaries. There is quite abit of talk in this part of the director's report also about looking for recurring revenue, i.e. looking for processing plant work. Looks like basing the revenue until good times return with more ad hoc, higher margin project work:

"We would like to take this opportunity to advise our shareholders and the market that we are actively in the market place looking for suitable businesses that are either servicing the operating process plants in mineral processing, Oil & Gas industries or in other non-related industries providing they are able to demonstrate a long term sustainable revenue base

with acceptable profitability. We have located a small select number of these companies and are optimistic of a result during this coming financial year.​

"