This is your classic Decmil announcement. Smoke and mirrors and no hard details.
Note also that in the Group Update on 5 May 2016 they said: "The Decmil business in Queensland has secured further operational work in the LNG sector, including a variety of brownfield maintenance work".
This announcement of today is the only announcement that refers to brownfield maintenance work, other than the Group Update.
So was the Group Update referring to today's QGC announcement, in which case Decmil is reaching new lows by actually reporting the same projects twice, or are there other "brownfield" contracts in addition to the QGC one, in which case Decmil is sitting on them and announcing them piecemeal to the market?
This is something all three CEOs should be looking into.
Ann: QGC Brownfield Works Contract-DCG.AX, page-2
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