re: Ann: Kanmantoo Construction and Commissio... Rabooth,Yes, it...

re: Ann: Kanmantoo Construction and Commissio... Rabooth,

Yes, it does sound like the amount is in dispute.

I am assuming the contractor is Abesque Engineering who were the primary contractor for the construction of the mill. Who else could possibly claim for such a large amount?

Anyway, HGO sound upbeat that the parties "are working towards a mutually acceptable outcome, and scheduled commissioning activities on the site remain unaffected."

But I will feel a lot more comfortable once it is sorted and the copper is being shipped. Commissioning is the most dangerous time for any company, simply because the cash is at its lowest and the revenue has not yet begun to come in.

Once this is achieved, the company will be derisked and hopefully rerated accordingly.

Yaq