Can anyone shed some light on the remediation cost of $5m. I understand NWE only bares $1m but thinking laterally on this spending $5m is obviously a financial hit but must also be a fairly substantial timeline hit. Surely you can’t spend $5m and just lose a week, unless of course we ‘re using diamonds and gold. Does anyone have experience in this type of problem with another stock. Be interested to get an idea of the spread of $5m expenditure across, equipment hire (x hours @) additional specialist equipment and personnel etc. Thank God we’re not in a remote location, hate to think of the expenditure then. I’m struggling to see how a $5m repair will happen in anything under 2-4 weeks. Even then that’s a quick spend of $5m
NWE Price at posting:
2.4¢ Sentiment: Hold Disclosure: Held