Difference is RCR power station is open book, whereas FOrge was a fixed price contract that got blown by cost over runs.
RCR management have a lot of skin in the game, so they are wary of taking unnecessary risk.
yesterday BKN dropped 7% and at last look all peers copped much the same. Sentiment spares no one!
Today it hit support, I was parked one cent lower and missed out. Need to see if support holds
Mena while NSW government recently announced some infrastructure plans, one of which is a rail tunnel under Syndey Harbour. These guys have a good shot at that one.
any lower move in SP will probably draw out a predator who is looking to shift balance away from mining, all Downer EDI recent acquisition.
RCR Price at posting:
$1.92 Sentiment: Buy Disclosure: Held
