News: HRR Heron Resources Gets Progress Claim From Sedgman For Additional Costs Of A$49.9 Mln, page-26

Hi Folks

Watch the SP ricochet back to healthier levels when the independent Contract Superintendent rejects the Sedgman claim as without basis and opportunistic (within the 10 day period) - so end of next week!.  A contract is a contract.  Such a pity that the heretofore smooth path to HRR's commissioning has been obstructed by this distracting nonsense.

Hold fast, folks.  Nothing has changed beyond a grasping contractor seeking to milk a situation at a critical moment.  We need HRR management to hold their nerve - as they currently appear to be doing - given their decisive response to the ASX earlier in the week concerning this ambit claim.

GLTAH