FGE 0.00% 91.5¢ forge group limited

millions flow into roy hill project, page-36

  1. 6,083 Posts.
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    taughtbuffet; "you could be down all of it."

    Or not... 8)

    Let's wait and see, shall we? Everyone's bleating about bad management, Forge on the ropes, blah, blah, blah... don't believe the hype!

    I'd be concerned if there was some evidence or discussion in the media suggesting they couldn't facilitate their Roy Hill project, but there is none. If Gina and Co. lacked confidence in Forge they would cut them loose without a moments notice. Can you imagine the legal costs alone should there be a serious problem with one of the main contractors mid project? It would be a lawyers picnic, damage the entire project, potentially set it back years.

    The fact is Forge are good at tendering for contracts and executing them. Look at their share price prior to the power station debacle, the proven track record, the new contracts subsequently, even their impressive website, does this seem like a 50c company to you?

 
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Currently unlisted public company.

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