NWH 1.30% $3.90 nrw holdings limited

Seems very quiet around here too .... everyone has probably gone...

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    Seems very quiet around here too .... everyone has probably gone to their corners to do the maths ...
    My house doesn’t have that corner  but the sign on the fridge says ; $65m and 175 new employees, and that 11 months is not quite the 18 months Jules mentioned in relation to new contracts in a recent AFR story ....so I am hoping sooner or later someone will come along and tell me the answer.


    https://thewest.com.au/business/mining/nrw-wins-65-million-koodaideri-job-ng-b881083576z

    NRW wins $65 million Koodaideri job

    Peter MilneThe West Australian
    Thursday, 24 January 2019 11:03AM

    An NRW truck at DalgarangaPicture: NRW
    NRW has snared a $65 million civil works contract for Rio Tinto’s Koodaideri iron ore hub.

    The Perth-based contractor announced the award as it emerged from a two-day trading halt.

    The work, that includes bulk earthworks and drainage, will run for 11 months from April.

    At peak activity the contract will require 175 workers.

    The win follows on from NRW’s December announcement that it was the preferred contractor for about $57 million of civil works for Fortescue Metal Group’s Eliwana rail project.

    NRW shares were up 7.8¢, or 4.5 per cent, to $1.825 at 10am.”
    Last edited by sabine: 24/01/19
 
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