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April 3 (Reuters) - Macmahon Holdings Ltd (MAH) : CONFIRMS THAT...

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    03/04/20
    11:55
    Post #: 43859923

    April 3 (Reuters) - Macmahon Holdings Ltd (MAH) :

    • CONFIRMS THAT GBF UNDERGROUND MINING SERVICES BUSINESS HAS FINALISED AND SIGNED CONTRACTS WITH SILVER LAKE RESOURCES
    • CONTRACTS TO EXTEND GBF'S TENURE AT MOUNT MONGER TO MARCH 2023, AND WILL ADD ABOUT $200 MILLION TO ITS ORDER BOOK
    • DOES NOT CURRENTLY SEE A NEED TO CHANGE ITS GUIDANCE FOR FINANCIAL YEAR
    • WILL DELAY SOME PREVIOUSLY PLANNED CAPEX SPENDING TO ENSURE APPROPRIATE LIQUIDITY BUFFER
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    lightbulb Created with Sketch.  Great analysis
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