Hi Denial.
Whats next is certification of management plans by Dept. of conservation Iwi (local Maori) and councils. Don't expect bureaucrats to go any faster than 10kph. The ball is in their court. Then start trial mining for key customers etc.
http://economictimes.indiatimes.com/news/international/business/main-risk-facing-the-world-is-a-chinese-debt-disaster-warns-george-soros/articleshow/28607021.cms?curpg
The problem, as economist Stephen Roach sees it, is China's propensity for thinking that slogans are sufficient. There is an inherent disconnect between lofty pledges of economic reform, sustainable growth and public accountability, and Xi's repeated assurances that China can grow north of 7% a year. China can either restructure its economy or grow rapidly - it can't do both. Bottom line: the higher China's growth rate, the less retooling that's going on and the more debt the nation is amassing ..
If China decides to curb its growth rate which I suspect it will do then that benchmark could remain low for some time.
I hope it can find customers for 1/2m tpa.
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