FGE forge group limited

lyn contract to go ahead?, page-8

  1. 460 Posts.
    The HGO Kanamatoo project is a goer, if you read the HGO announcement. The only thing that's different is HGO is going to buy the closed Leonard Shelf processing plant in WA and FGE will dismantle it, and transport it to SA, and reassemble it.
    Total cost would be about 90m instead of 150m. You would have to think theres more labour component in the contract now, so we should make around the same profit margin, if not more.
 
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