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12/07/12
20:25
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There is no way the Carmichael Mine could be up and running in 2014, there are to many regulatory approvals to be obtained.
It's a pipe dream to think the mine will be up and running by 2014, DYOR on how long mining approvals take.
Adani can't use 100% of its own capcity at the port, they will be limited just like all other ports to about 70%.
They won't get approval for 6 pits running simulataneously.
Don't go off what some paid report says, look at the development of all the major mines in Queensland as well as NSW and WA.
Not only have you got mine plan issues, you have rail other infrasturcture planning issues for the Galilee area and the mine itself.
This mine is 7 - 10 years off even for the initial 2mtps ROM.
DYOR..you'll see the Adani's grand dreams are pipe dreams.
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