“I think NWH has past the point where landing contracts is the main game. Many companies have been destroyed by contracts that they have won. The game now is too expand in an orderly and profitable way. This requires a negotiating style that is different to what happens if marketing functionaries are incentivised to land deals to the exclusion of other considerations.”
This is an excellent position to be in it means we won’t get scalped by FMG (if we take a contract with them) nor with anyone else .
Anyway here’s another link about Koodaideri starting next year http://www.mining.com/rio-tinto-to-start-building-massive-koodaideri-iron-ore-mine-in-2019/ From this one I infer it may be proceeding with its current early development works until next January or February .
I guess another relevant point is that wherever it is NRW is working for Rio in terms of early contract stuff the company is being paid for it.
This means the longer it goes before any contract with accompanying value is announced , the more pre-contract earnings will have been garnered
The die is cast -Alea jacta est
NWH Price at posting:
$1.61 Sentiment: Buy Disclosure: Held
it means we won’t get scalped by FMG (if we take a contract with them) nor with anyone else .
(20min delay)
