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TNG forum for considered and general comments, page-43

  1. Digity1
    407 Posts.
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    16/02/21
    16:39
    Post #: 51043901
    An estimated US$650m cost blow out on the Fortescue Iron Bridge magnetite project ($2.6B original estimate) has cost the COO and project directors their jobs today.

    Reinforces the importance of the fixed price turn-key EPC solution to be provided by SMS, after they deliver the FEED.
    TNG Price at posting: 9.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 15  Upvote
    lightbulb Created with Sketch.  Great analysis
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