NWH nrw holdings limited

Ann: UBS Mining Services & Contractors Presentation, page-4

  1. 2,292 Posts.
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    baralaba?

    ..I liked this information re halts at Salini/NWH 80/20 airport JV tunnel boring machines halt:
    also had not quite grasped the value of this contract to NRW is $400 million.

    “• Expert review completed – reports being assessed by PTA and PAPL, full tunnelling operations expected to resume as soon as possible

    ...Guidance:
    • In response to the PTA directing the Joint Venture to cease tunnelling activities, the JV is assessing the impact of the temporary halt against schedule and cost,
    • The JV is reviewing options with the PTA to ensure the overall project completion date is not impacted,
    • Assuming TBM’s are reactivated within the timeframe indicated by the client the delay is not expected to have a material impact on the FY18 results
    Last edited by sabine: 10/04/18
 
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