Hi All
I cut and paste this from the report page 13 and quote
"Macmahon’s mining business has had a strong and profitable history and its future growth is underpinned by a significant mining order book
of A$1.9 billion16 with a diversified, blue chip client base. This order book excludes Macmahon’s A$1.8 billion preferred contractor status at
Fortescue Metals Group Limited’s, Christmas Creek operations which is anticipated to be finalised in January 2013. Core to this strategy is the
exit from construction via the Proposed Transaction and completion of the retained construction contracts so that Macmahon can focus 100%
of its capital and resources on the mining business." end of quote
Questions
1) Is CK to be awarded by end of Jan 2013 ?
2)Is the award of CK subject to MAH exiting construction ?
3)Is FMG waiting for the official sale construction arm of MAH to Leightons ?
opinions please.
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Hi AllI cut and paste this from the report page 13 and...
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