That $6bn TenderBook..., page-414

So one major factor that will impact market sentiment is whether that anticipated FY20 $1.5 billion in revenue has been downgraded ?
And the other is how much impact Gascoyne going into administration has had on the FY 19 earnings.

Earnings for FY19 were previously expected to be in the order of $140 - $145 million.
NRW already booked $74.3 million EBITDA at the half yearly so to get to the lower estimate it needed $65.7 million as of the Euroz Presentation in May .
I listed the new contracts (I think I got all ) since the half yearly and it seems if there is any unexpected revenue to compensate for Gascoyne it will be from RCR.

But at these prices do we need anything to ‘compensate’ for Gascoyne?
It seems to be doing very well

Cheers


Recent contracts :

• On April 3 Golding and Coronado Curragh agree on additional fleet for Curragh Main Mining Contract. The award adds around $50 million to the existing contract which has an indicative value of $230 million over the remaining term to completion in September 2021.............The fleet will commence the mobilisation process during April for commissioning early in FY20.”

• Also on April 3 - RCR Mining Technologies secures new work.
  • RCR MINING TECHNOLOGIES GETS CONTRACTS TO SUPPLY PROCESS EQUIPMENT & SUPPORT ACTIVITIES TO A NUMBER OF CLIENTS IN WESTERN AUSTRALIA
  • IN TOTAL, AWARDS TO DATE ARE VALUED AT AROUND $22 MILLION.

• On May 17 -NRW awarded Koodaideri Rail Formation South Earthworks contract.
  • AWARDED KOODAIDERI RAIL FORMATION SOUTH EARTHWORKS CONTRACT BY RIO TINTO.
  • PROJECT VALUE IS IN EXCESS OF $137 MILLION

“The project value is in excess of $137 million and is expected to have a duration of approximately 70 weeks with site works commencing in August 2019. At its peak there will be over 300 site based personnel required for the project.”​

- Damn and bother .... @Riskup your hints we might already know about the high profile civil project commencing in August should have been louder . ...
..so crossing that there’s “bound to be a new one” off my confirmation bias list and moving on....

• On May 21 - RCR Mining Technologies secures new work for Koodaideri.
  • UNIT AWARDED ANOTHER OEM EQUIPMENT PACKAGE FOR RIO TINTO IRON ORE KOODAIDERI PROJECT
  • WORK FOR KOODAIDERI TO A COMBINED VALUE IN EXCESS OF $18 MILLION

• On July 3 - Golding and Stanmore Coal agree on an additional overburden capacity at Isaac Plains East.

“The third fleet will commence in August 2019....The value of the increase in scope of the contract adds approximately $450M to the existing 5 year1 contract. The total contract sum is estimated to be approximately $950M at the current mine production levels2.”​

ps - if I have missed anything relevant please LOUDLY advise