That $6bn TenderBook..., page-178

In respect to the Koodaideri Project's package of work called “Mine Plant Bulk Earthworks”, the information I found states, “Forecast Award Date: January 2019”. No day was given, and even if one were provided, it could easily change, as could the month.

The West Angelas Deposits C&D Project might have something for NWH – see below.

Project Overview: The West Angelas Deposits C&D Project (Project) involves the expansion of the existing West Angelas iron ore mine site, located approximately 110km west-northwest of Newman in the East Pilbara region of Western Australia.

Package Title: Bulk Earthworks and Civil Works

Package Reference: WADCD/C/CC/1003

Package Description: The package includes Bulk Earthworks and Civil Works for the
following areas:

• a new ROM pad and primary crushing facility located at Deposits C and D;
• an overland conveyor to transport primary crushed ore from Deposits C and D to the Hub A processing plant;

• modifications to the Hub A process plant;
• a production hub located at Hub CD to support the mining operations; and
• associated heavy and light vehicle roads, overpasses and infrastructure to support the Project.

Invitation to Tender Date: December 2018
Forecast Award Date: April 2019

NWH is not one of the top suppliers of overland conveyors, but the rest of the work is interesting.

There is a great deal of NWH-suitable work in the offing, and NWH should surely get some of the contracts.

$1.1 billion turnover is the guidance for FY19, so that leaves the guesstimates for FY20 and FY21 as something to work on. Maybe 10% uplift for each year for starters. Then there is the matter of NPAT margins to exercise the imaginations of the imaginative (e.g., more than 5%, and less than 10%). Via words that started, “O for a Muse of fire that would ascend the brightest heaven of invention . . .”, Shakespeare exhorted spectators of the play, Henry the Fifth, to use their imagination to enhance the limited representation of action that could be put on stage. I must like those words, because they have stuck in my mind for sixty years.

O for a flurry of Announcement that would send the share price to the highest stratum of heaven, and then shall the hopeful shareholders experience a paroxysm of pleasure that they well deserve.