Good news don't get me wrong but in a sense it is useless information unless we are told what the projected margins are on the contract. I find it interesting how these contractors just say it is a $100 million contract but it is not uncommon for mobs to win work on extremely low margins in competitive environments or to keep staff in work in tough times.
I don't think they will ever say that as it would be deemed intellectual property and confidential to their bidding process against competitors but all I am saying is unless we physically know the margins will hold up don't pop the champagne always.
Ann: SSM awarded new Design & Construction Agreement for nbn FTTC, page-4
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