As i have commented many times - The market is misinformed and Hotcopper is definitely overly optimistic
The lack of subcontractor road trains was always going to be an issue - every roadtrain company in the country is short on drivers There is also extra demand on roadtrains from the gold industry
Local companies in Karratha and Port Hedland have bemoaned the lack of road train maintenance facilities at Onslow is also a hindrance to subbie roadtrain operations
The Haul Road as shown in the AFR is under serious reconstruction including the batters needing to be replaced and stabilisation across the entire road formation.
I can confidently predict there will be over 80 subbie roadtrains still running at onslow this time next year - the haul road is years away from full guidance
MIN Price at posting:
$21.74 Sentiment: Sell Disclosure: Not Held
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