and just to clarify, point 7 revenue is for the Geoscience Unit only. I have inadvertently produced full year loss based on Geoscience unit Revenue only.
Project management will contribute $0 to profit.
International Development business is on track to deliver EBITDA of $15 million (same as last year). That would mean a total profit of consulting business units of $12 million (entire EBITDA figure taken away in previous post).
Minus $5 million in corporate expenses leaves full year profit of $7 million. 27% Return versus market capitalisation or 2.7 cents per share.
Apologies, full of the flu today, missed they had only quoted Geoscience revenue figures. Should have realised because John Douglas kept repeating International Development is on target to beat last years EBITDA as forecast.
Best of Luck Lost
COF Price at posting:
10.0¢ Sentiment: LT Buy Disclosure: Held
