Koodaiderie request for tender, page-6

This post covers two of the links that Sabine provided.

In respect to Worley getting the $30.9M Feasibility Study, RIO may well have deliberately selected a service supplier capable of doing the feasibility study, but who was not likely to win the final tender for the project. To win both tenders would raise conflict-of-interest questions that RIO would rather avoid.

On asbestos, this is unlikely to emerge as a left-field show stopper. The asbestos issue is a well-known fact, and it was delved years ago (see http://www.epa.wa.gov.au/sites/defa...odaideri PER Response to Submissions_May 2014.). One would presume the plans to manage the problem have been accepted by those whose opinions count, and the contract should have provisions relating to the asbestos matter. If an asbestos problem emerges, RIO is more likely to reroute part of the railway link, rather than abandon developing Koodaideri, and in that event, the project could transpire to be more business for NWH than the RFT (request for tender) would have envisaged.

For long-term shareholders, whether a positive-for-NWH Announcement is made soon, or later in 2019 is not very important. I think that NWH should win that tender, but not winning it is not a disaster, as long as NWH wins work elsewhere.