WTP 0.00% 91.0¢ watpac limited

waiting for recovery, page-2

  1. 5,583 Posts.
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    In the scheme of things, the mine services portion is small and hasn't developed the fat other companies have (e.g. CDD, FGE). And if I'm not mistaken, WTP does contract mining on existing operations (ie 100% utilisation) and leases equipment from other parties? and the hiring prices on equipment have come right down, so if anything, there should be some savings for WTP. The downside is that don't expect to be signed onto any new projects.

    Anyway my thoughts.
 
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Currently unlisted public company.

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