COE 2.44% 21.0¢ cooper energy limited

Ann: June Quarter Report Conference Call details, page-6

  1. 468 Posts.
    lightbulb Created with Sketch. 125
    Hi,
    Looks like Downer is on the hook. Could get a bit complicated with all the cross claims.
    "Downer’s scope of work includes the upgrade, repair and modification to the existing Orbost Gas Plant including subsea control interfaces, inlet separation, sulphur recovery, dew point control, mercury removal upgrades and relocated flare facilities."
    Still have a lot of confidence in COE. Cash flow still looks good and any losses are covered by LD's.
 
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