essentially getting paid when their machines used are moving dirt
high utilization rates was in the mid 80%, now lower
projects cancelled or delayed in part due general downturn in commodity prices impacting on mines viability and high A$
issued at 1.90 years ago
interested to know what the NTA is?
only concern had few hiccups overseas with clients which has cost them few $$$ and might be due to spend up big on capex as fleet ages and due for replacement
doing business outside oz does carry some risk
very few companies which have ventured offshore have made any serious money,why bother?
the path is littered with many failures and writeoffs down the track.
better values elsewhere imo
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