@thedoors If anything like your last post with the same title,...

@thedoors
If anything like your last post with the same title, would not surprise me in the slightest to see some contract wins. At the same time, quite happy to hold until the tide definitively turns for the resources sector even in the absence of contract wins, as tempo have been saying the right things for some time and it so cheap on so many levels. There is the obvious risk of customer concentration here, and if in another 12-18 months there are literally no contracts reported, then it would be a meaningful business deterioration. @Ivanovich do you have an idea when the Gorgon work will start dying down, I had looked at it awhile ago and I thought that it would still be some time away?

What I hadn't appreciated is quite how long the lead times are from impressing an organisation/developing a relationship (or making active strategic business decisions) and them bearing fruit in this space, as obviously the relationships although not recorded on balance sheets are a very significant intangible. With monos- they entered the water space more than 12 months ?maybe 18 months ago, and only now are they starting to report meaningful contracts, similarly with the USA it has now been 12 months+ and this has not yet occurred and I believe the investment in Mongolia may have been even longer!