PerthFX, the 1.8 cps dividend was only the final dividend for...

PerthFX, the 1.8 cps dividend was only the final dividend for the year - total dividend was 7.6 cps - that is a return of around 15% at the current price (before the benefit of the 100% franking credits). Also, you talk about the largest asset being goodwill - that is the nature of an EPCM growing through acquisition (it is not an EPC, where you have to risk millions in purchasing equipment). You might also want to read up about Rio Tinto's expansion programme or about Roy Hill. A maximum of 12 months for the EPCM model? What are you reading?