This is a cracking contract for HRL. With the company able to secure these types of contracts demonstrates their competency, capability and credibility to the industry and market. I am confident that there are more large contracts to come in near term The stock appears undervalued in my opinion. I can only imagine what revenues we are looking at for undertaking over 800 individual site surveys but it must be $2+ million. Would not be surprised to see them acquire further businesses to expand their current geographic footprint in Australia as well.
HRL Price at posting:
7.3¢ Sentiment: Buy Disclosure: Held
