NWH 0.26% $3.89 nrw holdings limited

A third of $1.1 billion is $367K. I suspect NWH would get more...

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  1. 2,320 Posts.
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    A third of $1.1 billion is $367K. I suspect NWH would get more than that from Eliwana and Koodeideri rail formation work alone - say $500m to $600m for them. Obviously, I am only guessing, but these are jobs for which NWH is so well qualified that they would struggle not to win them, unless NWH has to choose not to get one of them for the want of capacity to do both.

    Eliwana is 143 kms, and Koodeideri is 167 kms. Roy Hill was 330 kms, and that was, on announcement in 2013, stated to be worth $620m. Of course, the terrain the load capacity, et cetera, could be different to Roy Hill, which is why I mooted a range starting at $500m. There are heaps of other packages of work within these two projects, so if NWH misses one of the rail formation packages, something else would top up the gap.

    Dreaming pleasant things is a cheap form of entertainment, rather than being a reliable predictive technique.
 
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