Thanks a lot for your feedback. I understand your concerns.
Anyway, please note that with the TECCL project LTH already got appr. 2.715.000 THB margin through the fabrication orders of all other equipment.
Furthermore, if to consider 15% margin for the specific refractory order LTH would get appr. 1.225.000 THB which we consider more than it requires to cover LTH costs and profit for that specific order. We assume that for the refractory order the efforts are less than for the standard workshop fabrication order and thus a general margin of 15-25% we do not consider as realistic.
Please don’t get me wrong. I understand that LTH has to cover their costs and create a profit. But as far as I see from the figures LTH already got a well profit out of the TECCL project at all.
As far as I understood that item had been touched during the LMT meeting last meeting but a final decision wasn’t made that day.
Thus could you please crosscheck the above matter and let me know as soon as possible.
Thank you and best regards,