RE: TR1s20 Feb 2024 17:31
GMS have also re-developed the Project Execution Plan (PEP) as a self-perform model as employed at Tocantinzinho and other projects GMS have been involved in. Under this model the Company will directly employ the owner's team and construction employees with expertise and support from GMS. GMS employees brought into the project will be seconded directly to Araguaia Nickel Project with objectives, salaries and any incentives set and paid by the Company.
The benefits of this model include a simplified management structure, a reduction in the number of contractors and consultants, and full alignment of the owner's team and construction team. Specialist contractors and OEMs will continue to be critically important partners in the project execution.