Something to remember with FGE - Roy Hill is a fixed price contract, and most of the other companies that would normally bid on the project chose not to as they didn't feel that there was enough information available to them to enable them to properly evaluate it to make an informed bid. This project may work out OK for Forge if they padded their bid sufficiently to cover the unknowns, or it could break them. I wouldn't be surprised if this ended up as a spit fight in the courts down the track, and subcontractors have difficulty getting paid. It could be another Sino Iron Project-like disaster for a lot of people.
FGE Price at posting:
$1.08 Sentiment: None Disclosure: Not Held
