"Better to be under their budget than over. With project managers and group accountants across all the numbers in the midst of all the development, $16M under at this stage bodes well.
"Infrastructure costs are currently running at $16m under budget compared to pre-development costing studies. Highly proficient management of assets, and innovative development methods, are resulting in considerable time and costs savings throughout the project."
By the way charlie,
And what was the figure/amount original set aside for that budget??
Unless I missed something altogether, I can't recollect ever reading about that part.
Now, is that "Accounting", or "Creative Accounting"?? You tell me. And then, maybe, someone should tell our number crunchers people up in Cloncurry as well lol.
There is no doubts that, from what we have been told anyway, things are moving along quite well, but, at times, it would be better if we were also given some solid evidence of what we have been told.
- Forums
- ASX - By Stock
- Ann: Chairman's Rocklands Progress Report
"Better to be under their budget than over. With project...
-
- There are more pages in this discussion • 75 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)