Surandy, I have been involved in a few house renos and not one...

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  1. 79 Posts.
    Surandy, I have been involved in a few house renos and not one has ever completed on deadline. So with that in mind and being informed of the current economic and exploration climate you might see that almost all of Australia's exploration industry is suffering, has delays, is going bust or is in severe difficulty. Name me one major project in Australia by an oil company that has begun and finished on schedule? Chevron...no...Woodside...no...

    I'm not quite sure what it is you're upset about to be honest. Is your only concern because the commissioning period has been extended? This doesn't mean it's not built. Construction was complete and has been so for sometime. There was never a firm specified deadline for the end of commissioning ever put out to my knowledge. We have had issues with BP and condensate storage which has set us back yet that is dealt with and now we are operating still with money coming in. The major players in Australia e.g. Alcoa, ERM are all happy with the project. So why aren't you??

    To put the situation into a bit more perspective - all projects in Australia (especially WA and QLD) have incurred huge increases in costs for labour, manufacturing and goods. Even the government projects, as seen here in Perth with the Fiona Stanley Hospital, has incurred a huge delay and a steep increase in costs. WA is a very expensive place to do business.

    It is completely unrealistic to expect huge multi million dollar projects to be completed on a specified date/time etc. Even when everything is going on schedule...there can always be something that will set it back and this can be manpower or equipment delays, overseas shipping, lack of specialists available, government approval delays, vendors booked out etc the list is endless.

    We have had to deal with things like this at the Facility but we still constructed and completed this Facility within seven months and you have a fully built operating plant which is generating revenue. There is an extension to the commissioning which is no big deal.

    Again, what is it exactly you aren't happy about? Share price increase, fully functional plant, drilling programmes with DMP, exploration to begin shortly, successful seismic project finalised....????

 
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