Replies to post #2 on MACMAHON (MCHHF)

[genlou]

MacMahon Holdings Ltd. Announces Extension of Contracts
May 25 16

MacMahon Holdings Ltd. provided update on two of its projects. The company announced it has been awarded a 24 month extension of its contract with the Australian subsidiary of Gold Fields Limited, St Ives Gold Mining Company Pty Ltd. The extension will see Macmahon continue to provide a fleet of open cut mining equipment and associated services to the St Ives Gold Mine near Kambalda in Western Australia. Revenue from the extension is expected to be approximately $2.5 million per month