Ann: Full Year Results Presentation, page-4

.....I was wanting to post some thoughts on the report but have now lost two sets of them

Third time lucky .
As the closing price has shown ( up 8.53% today Friday from $1,70 close yesterday ) the report is meritous.

For instance revenue doubled from last year to $754.3 million
More than this NRW already has a 20% increase on last year’s revenue secured for FY2019 -$950M- and the report indicates there is likely to be $150million more

There is a strong tender pipeline which remains at around $6 billion.

The company has integrated Golding ( I think the amortisation was taking some of the $85 million costs ($9.3 million? with intention to spread it over the next few tax years Pb although sometimes, despite our mostly good relationship, I just I don’t understand google)
More than this it has been consolidating and upgrading its Action drilling fleet with 40% of machinery now working substantially more efficiently and ‘already giving rise to new production records’.
More than this it has been paying down debt ; reduced to 34.4 million in mid June

More than this a dividend !

But wait there’s so much more !
.....but I better post this now so I don’t lose it too!

Again congratulations to everyone and thank you especially to everyone who supports this forum .
Cheers