NWH 0.77% $3.95 nrw holdings limited

Parma... ! : / That’s a hard ask ......... Nice . I will try. I...

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  1. 5,305 Posts.
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    Parma... ! : /
    That’s a hard ask ......... Nice .

    I will try.
    I gathered from the AGM meeting the ECI work related to Yandi ....but I think I may have made an assumption.
    If so there is no conversion (as yet?)

    These are the direct bits from Jules address:
    https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvTDYD4g69zxaZruBxke92GA==
    “Activity in the Civil business in the year included mine sustaining work for Rio Tinto at Yandicoogina, a tailings dam lift for FMG at Solomon,
    ............

    “In May, Rio Tinto awarded the business an Early Contract Involvement (ECI) contract for the provision of project development services. The award positions the business through the provision of construction services to the client for their sustaining capital program of works.

    As you can see from the slide, there is a significant and building pipeline of work across the replacement tonnes programs in Iron ore of which we estimate that there is around $2.5 billion in addressable spend. There is also an improving public infrastructure outlook with multiple major projects around the country either under construction or in the planning stages.”
 
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