DCG 0.00% 29.8¢ decmil group limited

Ann: Chairman's Address to Shareholders, page-3

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  1. 1,158 Posts.
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    My favourite snippet with respect to Resources projects.....


    "Some cost and productivity pressure onmining projects – needs diligent commercialmanagement"


    My interpretation of this statement.....


    "We are losing lots of money on these projects and we have no idea why"


    I'd be most worried about the D&C roadworks project they are yet to start (currently in design phase). This project is way outside of their capability and I predict it will be a massive loss making project for them.

 
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