Hi Teddy The best the Gov would do would be delay receiving royalties until plant up to full production and the local shire would probably assist with upgrading roads and delay shire costs such as rates. This would be because of the economic benefit the Shire would get from workers and families this mine would require.
One thing in AUZ's favour with building so close to Townsville is a skilled mining workforce at their doorstep. A lot of mining guys and construction contractors in that region are out of work or under-employed due to the mining boom downturn.
This also means construction costs will be much less as a FIFO construction workforce will not be required, they will either live in the area or DIDO from Townsville and Cairns.
I dare say CLQ will not have this luxury.
AUZ - chart, page-790
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1.0¢ |
Change
0.001(5.56%) |
Mkt cap ! $13.28M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $1.61K | 161.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 4173372 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 4407983 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 4098372 | 0.009 |
23 | 7967000 | 0.008 |
38 | 6833555 | 0.007 |
20 | 11375551 | 0.006 |
9 | 5550000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 4346175 | 17 |
0.011 | 9634106 | 22 |
0.012 | 6570102 | 13 |
0.013 | 2310000 | 6 |
0.014 | 2964523 | 9 |
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