Austin Engineering Ord Shs V.ANG

Primary Symbol: AUSTF

Industrials

Austin Engineering Limited is an Australia-based global engineering company. The Company is engaged in designing and manufacturing of loading and hauling solutions, including off-highway dump truck bodies, buckets, water tanks and related attachments, supporting both open-cut and underground operations. Complementing its proprietary product range are repair and maintenance services performed in its workshops and on clients' mine sites, and spare parts. Through its own design and engineering IP and range of tailored products, it delivers solutions for all commodity applications and drives efficiencies in productivity and safety in both open cut and underground mining operations. It has partnered with mining companies, contractors and original equipment manufacturers to create engineering solutions. It has operations around the world in Queensland Australia, United States, Chile and Indonesia serving many of the major mining sites in the world both directly and through local partners.

OTCPK:AUSTF - Post by User

Austin Engineering Ord Shs

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Comment by Venture100on May 08, 2007 10:45pm

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Post# 12748237

RE: 157,000 Acres just bought

The increase in production to about 940 boe/day was encouraging. AltaCanada should break the 1000 boe/day barrier early this year. Our investment may be temporarily frozen if they do not get the financials in soon. I do not know how long the grace period is before they will go under review.

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