Aecon Group Inc T.ARE

High frequency train

[Gabriel]

The 120-150B project to be awarded any day now.

[Henrye]

Gabriel hello  Wow , this will be a massive infrastructure project!  Gabs , while we know Aecon is not the one running to win this huge award as applicant, could you please explain to the board how Aecon regardless will be a beneficiary for profitable share of work! Likewwise , who is the applicant? And does Aecons work depend on which applicant wins, or is it a win win for Aecon

[Gabriel]

In my opinion, Aecon holds today the better portion of the stick like it never has before. Below is why. The collaborative alliance model is a game changer both in terms of risks and in terms of volume (we are doubling our backlog as the designs of these projects are approved in 2025). One key piece of information you may be aware of is that contractors increase their profit margins as

[Ronbromleygross]

Nice summary Gabriel Agreed.  We are going through the usual year capital gains or losses selling for 2024 taxes.  There are both sellers and buyers no doubt based on the up/down movements happening here. CRA (Canada Revenue Agency) dictates Dec 30 is probably the last day to buy or sell for 2024 tax purposes.  It's very normal at this time of year.  Let the process run

[Henrye]

Gabs , this is an excellent response to end this 2024 on a high note! All roads lead to $50 and beyond and us the patient investors will be grateful for all this underlying information based on your knowledge , wisdom and experience! Gabs ( our potential future member of board of directors) enjoy your weekend and Happy New Year to you and all the valuable posters! I love to be learning from you

[Gabriel]

We are building ahead from slide 3. https://aeconcomfiles.blob.core.windows.net/web-live/docs/default-source/investor-briefcase/are---q3-2024-conference-call-presentation.pdf

[Henrye]

Gabs , for some reason, I can't open it 

[Ronbromleygross]

Neither could I