Thoughts Sabine @ 37m over 44months?
I guess my quick take would be that the little run up has already now factored in this little fish.
Side note - Rio have quite an extensive wishlist.
One that Im keeping an eye out for is the Koodaideri project. Worth roughly $2.8B (AU) to construct. Up for grabs is 170km worth of rail to link in which I'm certain would be inside the tender pipeline for JP.
I'm also aware that Worley Parsons have been awarded the bid to take on the engineering/ feasability study worth roughly $31m. Which will likely give them a large stake of the construction. Due to their oil & gas nature I believe they are likely to subcontract the rail link to possibly a contractor in the "good books" with RIO.
All above said, correct me if I have missed something but I really like these smaller contract wins.
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