Orcoda Limited entered into an AU$4.1 million contract with Yurika Pty Ltd

Orcoda Limited (ASX: ODA) announced that its Resource Logistics Division has entered into an AU$4.1 million contract with Yurika Pty Ltd, through its wholly owned subsidiary Betta Group of Companies Qld Pty Ltd, to provide civil works for the transmission line project at their Pembroke Olive Downs Complex project.

Yurika is part of Energy Queensland and is the largest, 100% government-owned electricity company in Australia. Under the contract, AU$4.1 million in revenue is anticipated to be earned and received in 2HFY23. Yurika is building an electricity transmission line to the Olive Downs Complex, a large-scale steelmaking coal mine situated in the Bowen Basin of Queensland.

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com