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.
- Forums
- ASX - By Stock
- DCG
- Ann: AGM Presentation
Ann: AGM Presentation, page-5
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DCG (ASX) to my watchlist
(20min delay)
|
|||||
Last
29.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.28M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
DCG (ASX) Chart |
Day chart unavailable