What do you mean, "market's trust"?Forge acquired a couple of...

What do you mean, "market's trust"?

Forge acquired a couple of bad contracts from another company, you can blame the management team for that singular oversight, but overall they're a proven team. It wasn't Forge who messed up those contracts, overspent, under quoted, whatever, and this $30 million write down relates to those same contracts, so again, no fault can be attributed to Forge's management team. These are minor hiccups, very common in the mining services sector.

The fact they're keeping the market updated in a regular, timely fashion demonstrates just how trustworthy they really are. A less prudent company would put-off bad news, fudge the books, try and spin it, whatever they could to avoid a shareholder backlash. Forge has been completely straight forward and transparent at every point over the past couple of months, even as the share price tumbled. OK, they had some liquidity issues, but ANZ's partnered-up and now they're cashed and ready to go.

China ain't slowing down, Roy Hill should provide a healthy revenue stream, and the share price should go back up. If not to the $5-6 mark seen a year ago, at least $2-3. This is a strong, well managed company with a great future, there can be no doubt about that.