Thanks, I had to remind myself what project this was. Too busy keeping an eye on all these Lithium miners
My forecast allowed for $2m of the contact to be recognised in Q3, this would mostly be upfronts for equipment, material and labour. I don't expect this to be impacted, as it would have been paid for already.
The remaining $1.5m then fell into Q4, which even with this slip in timelines for the project, is still likely the case.
Given that, I don't see this impacting Cash Receipts too greatly. Maybe a couple hundred k either side of Q3/4.
Also, on a side note, how wild is it that WA is going ahead with this project? (completely too little too late)
My biggest fear is that they just pull the bin on the construction.
