Yes J, you have to think outside your BCE tech preference on this one.
Vic has an abundance of BC (400+ billion tonnes), but it is not earning one export cent in revenues like WA, NSW, QLD with their black coal, iron ore, etc.
Why can those states dig up minerals and sell overseas and gain royalties, but it's not ok for Vic to do the same?
There are a multitude of techs that can potentially upgrade BC into a safely transportable, higher CV product that will reduce emissions...
...but it is about creating the BCP (Brown Coal Pilbara)...
...and that will require billions of dollars...
...the ALDP is not about BCE tech minnows for mine...
...it's about what/who/how can we get this resource out of the ground, creating jobs and securing Vic's economic future for the next 50-100 years...
...and if you don't have that fire power, then I don't see ALDP funds coming your way and/or getting a slice of S7 dirt...
...which I don't think will be opened up until private resources are opened up first.
Why?
Currently, BC is worthless...however, once commercially proven, it will become more valuable and sought after...
...wouldn't it make sense for the Vic Govt to have private/ASX listed money spent proving up BCE opportunities and then sell off S7 once they can get a better dollar for it??
Just my take obviously.
Cheers K
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