DOW 1.38% $5.86 downer edi limited

powering, page-22

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    NSW government commented on Sydney Media channels that Waratah Trains are delayed until April.

    Which will be after the State election.

    Coincides with the SP fall.

    Then after market DOW releases the following;

    "Following the statement issued this afternoon by NSW Minister for Transport John Robertson, Downer EDI Limited (Downer) confirmed that, based on the current schedule, the first eight car Waratah train set will be ready for acceptance by RailCorp before the end of December."

    NSW Premier said they have been advised by RailCorp that a more realistic time line would see the first train start passenger service by April 2011.

    One contradicts the other.

 
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