Typically the engineers don't take care of contract terms and insurance, the procurement teams take care of that, but thats a side note. Of course there would be terms checked prior to placement of contracts, but if the cause and responsibility of failure is not clear, ie does a RCA identify potential causes of failure rather than one obvious cause, then good luck getting someone to take responsibility quickly. Lawyers live off grey areas.
I hope it is clear, and it is resolved quickly. The story is great, but hope doesn't pay the bills. The share price has dropped 15-20% on the news. IMO only the risk over the next yr has grown far more substantially since news of this failure has been released.
Typically the engineers don't take care of contract terms and...
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Last
34.0¢ |
Change
-0.010(2.86%) |
Mkt cap ! $78.23M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 36.0¢ | 33.5¢ | $22.74K | 66.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3039 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 3000 | 1 |
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| Last trade - 15.58pm 03/10/2024 (20 minute delay) ? |
| HZR (ASX) Chart |