GNG 0.90% $2.20 gr engineering services limited

Nope didn't! And you should note it is only a Letter of Intent,...

  1. 4,266 Posts.
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    Nope didn't!
    And you should note it is only a Letter of Intent, not a contract .Let's wait till we get the EPC contract.
    Besides, 1H preso commented thus: " GR Engineering has focused on building its pipeline of ongoing project work and is workingon a high volume of studies across a wide range of commodities."

    and this: "In addition to the above ongoing projects, GR Engineering maintains a solid pipeline of nearterm work opportunities across a broad range of commodities.
    At 31 December 2022, GR Engineering was engaged on 32 studies in Australia, theAmericas and abroad."and this

    West Musgrave was already in the bag amd since then, Yangibana Rare Earths Project was a good win @ $180m (over 3 years) and $40m for Upstream - so as i see it, GNG has only won approx its rev for 2h

    The book is at status quo as I see it, and its always good to see it growing as their commentary above would suggest.
 
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