Administration ???, page-7

Im not sure what Monday's news will be either but from an operations perspective, it would seem strange to me if they folded now. Sedgman was awarded the TLO contract only 1 month ago ($37m) and they are currently seeking tenders for haul road construction at Baralaba North. Why grant new project expenditure if you're looking to conserve cash to stave off administration? Stranger things have happened though..