That $6bn TenderBook..., page-162

Earlier this month I wrote: “. . . months ago I thought that the contracts for RIO's Koodaideri project would be let by December, but I now know that the tenders the last of the 31 packages of work will only close on 24 December . . .”

I checked the latest information today, and learned that since early December the packages of work have increased from 31 to 39, and the following tenders close on 07/01/2019:

.. Concrete Works and Underground Services
.. Conveyor Belting and Splice Kits
.. Conveyor Take up System Ropes Sheaves and Winches
.. Dust Fogging System
.. Koodaideri Airport
.. Overhead Cranes Fixed Cranes and Monorails
.. Process Plant SMP
.. Switchrooms
.. Water Pumps

I am unsure if my original early-December total of 31 packages of work was correct, because 31 + 9 = 40. Maybe there were 30 then. I recall being unsure of the 31 when I tallied the list, but this time I posted the list to a spreadsheet to be certain of the new total of 39 (not that it's important). The point that I want to make is that we can expect RIO to finalise negotiations soon, and execute some forty contracts, and NWH may pick up two or more significant Koodaideri-related contracts, which should change the sentiment of investors. I have no feel for how many weeks this execution of contracts that are relevant to NWH's bids will take.

I'll switch to the old HC format in an attempt to ensure that this post does not end up with a number of incorrectly paired words.