Stone, to add to your comments, there aren't many ASX mining...

Stone, to add to your comments, there aren't many ASX mining services companies that can compete with ASX listed miners in this capacity, and in most cases at a third the cost of what mining companies can do in-house. I'd say this is another value add/competitive advantage to add to your list.

RQL is capitilising on a niche market, and doing very well at it, however, more contract wins will lead to a higher share price and larger market cap. Ultimately I'd like to see their equipment utilization back to at least +80% by year end. Un-utilized equipment = loss of revenue. Back to 80% and ordering new equipment to cater for demand (although capital intensive) means rapid growth.

It will be interesting to see how many contract wins RQL receives of these +$40Mil tenders.

Thanks!