@Lorderyall, the cash cost is not unexpected in 2024-2025 precisely because they pushed it out there. But they conveniently do not mention the non-cash impact in 2023-2024. That's the gaslighting part. When yearly accounts come along they'll have to put it in this half year, and they will moat probably say that is was known because they made this announcement. A bunch of lying manipualtive pricks.
@Barry81, that's an interesting one. They said it was to compensate for Aurizon for investing into infrastructure which I would think containers etc. But at the same time they've extended the contract to sort of compensate Aurizon. So it is unclear to me why they also had to pay for the first year / infrastructure if the contract was extended due to 1 year delay. The more concerning issue is that they knew they could not ramp up in time and should have communicated with Aurizon a long time ago. The whole thing appears to be murky af.
what's clear is that there is nil accountability and CFO is either a dumbfuck or a puppet of Mencel / Chrisp
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Ann: Aurizon Logistics Agreement - Extension & Variation, page-8
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