PerthFX; "you obviously dont know Gina .. she first and foremost is a business woman .. and yes she absolutely would take second best if that second best promised her the same outcomes as first best but at a cheaper cost."
To the extent of bankrupting the contractor responsible for the construction phase of Roy Hill? That's what you're suggesting, ridiculous. Continuity is all-important for these kind of huge engineering projects, only a fool would risk having to change contractor half way through, it's inconceivable.
"The mere fact that the big boys did not submit their tenders due to too little documentation whilst FGE did submit (and consequently won) clearly shows FGE takes on too much risk .. end of story."
Which big boys? Mind elaborating on this lack of tenders? Such inside information is not commonly available to mug punters like myself, and therefore cannot be substantiated either way. I could just take your word for it, but I probably won't.
In regard to your statement that Forge take on too many risks, please show me another contracts the Forge management team have personally tendered for, won, and then cocked-up in their execution? The Forge management's Achilles heal is absorbing other companies with bad contracts, very different to screwing-up your own contracts. Forge's pre-acquisition share price clearly demonstrates this.
FGE Price at posting:
94.5¢ Sentiment: LT Buy Disclosure: Held
