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1.69% 5.8¢ heron resources limited

News: HRR Heron Resources Gets Progress Claim From Sedgman For Additional Costs Of A$49.9 Mln, page-22

  1. virtuozi
    22 Posts.
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    04/02/19
    20:50
    Post #: 37327554
    Agree. 

    My concern is, what leverage to disrupt does Sedgman have at this point? If as reported above, construction is '95% complete', then presumably Sedgman will refuse to do the final 5% until they've got whatever they're hoping to extract by this move. In practical terms, can we call in another contractor to finish it off? Or do Sedgman hold the cards here?
    HRR Price at posting: 53.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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