EGO 0.00% 12.0¢ empire oil & gas nl

what went wrong?, page-15

  1. 549 Posts.
    On the EGO website they tell us that there were 77,500 man hours worked with a Lost time injury which is a great achievement.

    This spurred me to do a couple of quick sums based upon some educated assumptions:

    1) Labour cost:

    77,500 mhr x $120 an hour (avg) = $9,300,000.00

    I am struggling to see where the remaining $29,000,000.00 is, the plant doesn't appear to be that big...
 
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