No... this is just my speculation that AZG is engaging in "Chevron" offshore oil & gas project that wasn't on the agenda before. Possibly:
1) New fresh contract with Chevron for offshore oil & gas on Barrow island
or
2) Helping out Civmec that is currently contracted by Chevron as its main steel fabricator contractor. Helping out possibly means being "taken over" to assist.
The 22 job advertised by AZG are specifically stated only for oil & gas offshore project. But legally AZG can't mention CIVMEC or CHEVRON before ASX announcement.
This is just purely speculation based on limited given information. "It may or may not eventuate". But, big money made in stock trading is based on both fact or speculation.
AZG Price at posting:
13.0¢ Sentiment: ST Buy Disclosure: Held
