LEI 1.67% $20.71 leighton holdings limited

Can't see anything on Gorgon underclaims yet or anything on the...

  1. 9,376 Posts.
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    Can't see anything on Gorgon underclaims yet or anything on the funds they are trying to recoup from overseas.

    Per page 74:

    While several of the top receivables were
    successfully settled during the year, the level is likely to remain elevated until the current domestic
    oil and gas projects are completed and final agreements negotiated.


    For the shorts there will be something to point out, but for the longs there is a lot more positives. Somebody posted a few days back that losses from Gorgon Jetty would be in the order of 2 billion and no dividend. Certainly much better result than that.
 
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