CLO 0.00% $1.46 clough limited

re: Ann: Clough wins contract with Pearl Oil ... nice contract...

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  1. 587 Posts.
    re: Ann: Clough wins contract with Pearl Oil ... nice contract win!

    Shows the ability of Clough in winning oil n gas works - not massive revenue in terms of the FY however the key is a lot higher margins expected with these works.

    I wonder how far away the Wolleebee Creek upstream LNG works is away from being awarded. This is a huge contract ($500M) that the Clough/Transfield JV is vying for and by the tone of the CEO in the FY results investor presentation, Clough are in a good position to win these works.
 
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