Latest Research

GR Engineering (GNG.ASX) - Operational Update & Guidance

Despite $30m in EPC contracts awarded this half, operational and financial performance continues to be impacted by project delays. GNG’s FY12 guidance is for: Revenue of $150m - 155m; we were forecasting...

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Resource Services Sector Review - May 2012

Resource service stocks have fallen sharply in recent days, triggered by restrained comments from BHP Billiton & Rio Tinto, & compounded by negative news bites from elsewhere (in particular Europe & China) & an uninspiring budget...

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Imdex (IMD.ASX) - 3Q Update

In a Newsletter released late last week IMD.ASX provided some detail on unaudited 3Q12 financial performance: Revenue was $66.6m (inclusive of $4.4m from the DHS JV which is equity accounted), with contributions of...

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CST Mining (985.HK) - Monster US$505m Sale of Mina Justa

CST Mining (CST, 985.HK) announced the sale of its entire interest in 70% owned Mina Justa Copper Project in Peru to a subsidiary of Minsur, the 4th largest tin producer in the world and subsidiary of Peru’s largest conglomerate…

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Mirabela Nickel (MBN.ASX) - Crisis of confidence

Mirabela Nickel is suffering from a crisis of confidence with recent operational & financial performance raising more questions than answers. After more than 2.5 years of processing at Santa Rita...

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