PRN 5.70% $1.02 perenti limited

Ann: Perenti secures A$420 million of contract extensions, page-13

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    https://mining.com.au/panoramic-resources-transitions-to-owner-operator-model-for-savannah-nickel-mine-plant-wa/

    Apparently, Primero (NRW) ended their contract for the processing plant and Primero staff were offered work with PAN- ouch.

    A recent The West Australian headline indicated that there were 250 Barmenco staff, underground mining contract, at the site recently.

    If the staff and any equipment can be rolled into another contract somewhere else then good. We saw last year what can happen when a contractor is tardy in updating the market about contract losses- EHL.

    PRN list their projects on their website and I check these from time to time- not sure how often they update them.

    IMHO DYOR
 
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