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short tailed grasswren wrecks uranium mine, page-13

  1. 2,913 Posts.
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    Ray,
    You obviously don't live in South Australia do you.

    A vast majority of South Australians oppose this project.
    Probably around 90% of the SA population are against this project.

    Prove that figure you may well say.

    Well the Liberal Party is in full swing here opposing the project and ultimately they represent 40% of the population in SA. Petitions are being signed, and the liberals are drafting legislation, There are numerous references in Hansard, the papers, and on the internet demonstrating that a vast majority of Labour Ministers are far from happy about mining Mt Gee also.
    Then you have a number of federal liberals opposing the project as well as many Federal Labour Politicians.

    We are not talking about the fanatical left opposing this project. Its all sides of politics

    If you believe in the project, and you think you will get rich following this project through to mining, you must do your due diligence on this one.

    MTN as a vehicle for investing and making/losing money is one thing, the eventual mining of Mt Gee is another.
    Big Danger period for Marathon is their Lease renewal.
    Also how long will drilling be suspended?
    The government could conceivably suspend drilling until the lease expires.
    I will bet my left one that they won't get a drill rig back on site until october 08 at the earliest, as Arkaroola can argue that drilling interferes with their primary source of income. Which means drilling outside the tourist season, which is October to Easter

    There is a significant risk that this deposit will never be mined.

    Some like Dratoz are happy with the risk reward, thats his choice.

 
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