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  1. 4,010 Posts.
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    Little Johnny's late for school again.
    Probably global warming? No explanation given.

    Id like to know more of why the costs increased so much so often. This is getting pretty over the top. Contractors will commonly gouge on change orders. Wonder how many there were.

    50 foot your comment is spot on. Funny how the price falls well before the announcement pretty well every time if there is some bad news. Insider trading. Insiders could include people working on the site. It is not rare-its endemic. There is a national shortage of engineers and many courses have been dumbed down to get applicants-it hasnt been fashionable for some time.

    Time for ASIC to be brought in? They are going to have have "an internal purge" the AFR reported yesterday. ASIC's Chief Mr Magoo, TonyD'Alonsio says. Probably nothing would happen. Everyone knows that. Like a scarecrow in a paddock. The budgies might stay away, but after a while the crows just use it as a perch. It is as hard to get a prosecution as it is for a scarecrow to fire a shotgun.
    Ahahahhha!!!!!!! No doubt MR Bean is on the interview list. makes you wonder if fundamental research of deposits, markets etc. are enough, without being able to assess the management.

    However, it is true that cost overruns are endemic. But this much this often? Id like to put a good management accountant in there, one with some integrity.
 
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