See Excerpt from the 2017 annual report in August. Pretty...

See Excerpt from the 2017 annual report in August. Pretty obvious that RDG are taking the tough decisions to survive
In a period of negative outlook for mining and construction services. Staff cut back from 53 to 15 already completed, further review of overheads underway.

Looks like their not waiting for their traditional markets to get back to full swing either. Note in Strategy and outlook, that RDG are repositioning themselves in construction and development in the residential sector as well. Thirdly, with $10m in the bank, it makes sense that the board with be looking to diversify through acquisition.

The net Tangible asset worth as the last Financial Report, was .03c , pretty conservative accounting in my book. This report was completed before the recent contract was announced.