HDR hardman resources limited

analysts thought on full prodution, page-12

  1. ian_whitchurch
    2,834 Posts.
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    10/12/04
    09:36
    Post #: 708233
    re: analysts thought on full prodution/ian Capman,

    But the situation is that they have $300m cash, and have committed to spend $200m of it on essential capital works.

    Sure, we can go out there and rip the cash out of the system and defer the capital expenditure, but thats what got you Longford, Moomba and the NSW rail system.

    Ian WHitchurch
    HDR Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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