Since 1994 NRW Civil and Mining has held the enviable position as one of Australia’s prominent providers of diversified services to the resources and civil infrastructure sectors.
Listed on the ASX in 2007, NRW’s client list includes global resource giants Rio Tinto, Fortescue Metals Group and BHP Billiton. Other key clients on whose projects we work include Public Transport of Western Australia, Middlemount JV, Altura Mining and Gascoyne Resources.
Mining, Civil, Concrete, Rail, Roads, Maintenance, Bridges, Mine planning, Mine development, Drill and blast, Load and Haul, Mine closure & rehabilitation, Crushing and screening, Civil construction, Bulk earthworks, Seawalls, Drill pads, Air strips, and Tunnels
WHY I DECIDED TO BUY
- While checking DDR on Stockopedia, also found NWH in James O'Shaugnessy Cornerstone Growth Screen
- Also in Charles Kirkpatrik Bargain Screen
Position Size Portfolio Equity = 100k
Risk = 0.5%
ATR Multiple = 2
Recommended Quantity = 4,500 shares
Initial Buy = 1,000 shares @ $1.407
1st Pyramid = 1,000 shares @ $1.560
2nd Pyramid = 3,000 shares @ $1.668
The six-year contract is for open pit mining services, as well as drill and blast operations and associated services, Gascoyne explained. It also confirmed the contract award today, saying the agreement would be worth $324 million.