Lol. I just searched for the announcements around the 3 losing projects and from what I could see:
Munjina WA was $28.2m
Archer QLD was $8m, announced in November 2021 but due to be finished by February 2022 (ouch) and
Bruce QLD $25m
A 20% loss on these 3 represents around $10m out the door but it's possible or even likely that these projects have grown larger through Change Requests so a $10m loss across these projects may be the bare minimum.
Bearing in mind Amrun? the SXE dispute at the RIO mine was also in Queensland it seems they're a bit of a mess in that state. Notwithstanding the weather may have played a factor it seems they're either unable to tender well, change manage or include suitable commercial protection (it's not like severe weather in Queensland is a rarity).
Perhaps they should just shut down their Queensland operations altogether.
Ann: AGM Presentation, page-5
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