Oh Darren, I wish you hadn't included the line below in the article:
The new Bumblebee deposit, .... "if it’s bigger, then production will be more like ten years away!"
Ten years!, some of the shareholders will be dead by then! 2026 when we are driving around in electric vehicles! And production might only have just begun? The world will be a totally different place in 10 year's time!
Darren raises 3 issues to do with mining in this desert area, 1. the lack of infrastructure, 2. native title issues and 3. "large scrub fires which routinely sweep through the Tanami!"
I've been an ABU investor for a very long time and I have never read anything anywhere, including this forum, and including ABU's website, about scrub fires being an issue to mining there, let alone one of the top 3 issues! What about the heat, the roads, the wet season, the need for ground water, the massive costs involved etc. aren't they all bigger issues than the jolly scrub fires?
Gee, I can't see too many other companies rushing in to explore the area with all those large scrub fires occurring !
Not one of Darren's most inspiring announcements if you ask me as a past shareholder!
(http://www.heraldsun.com.au/news/ce...nce-in-the-world/story-fnk1w5y0-1227561582785)
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