With the VDM/BGC/CRCC bid being culled from the list of...

  1. 128 Posts.
    With the VDM/BGC/CRCC bid being culled from the list of preferred tenderers, I ask:
    What now for VDM?

    List of preferred tenderers is linked below:
    http://www.mediastatements.wa.gov.a...s.aspx?listName=StatementsBarnett&StatId=9393

    -Tractor Sales?
    -Construction? - Forrestfield I think was the first sign of life in the construction side of things for some time. Their website seems to indicate they are "reviewing opportunities"
    Link below:
    http://www.vdmgroup.com.au/projects/
    -Mining? - The copper Joint Venture, Copper price still struggling.

    I don't see much upside other than the docs deep pockets and access to cash.
    Which is great for him, but what about the common investor subject to further dilution.

    Tendering on a job as big as Forrestfield wouldn't have been cheap.
 
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