Davo
just incase you have forgot we are talking about 490KM of rail road here, not to mention going to lands that King Kong won't call home. NOT 49KM between Melbourne and geelong
with estimation of trial shipment in Late 2011 and Ramp up shipment in Mid 2012.. SDL have 3 Years from today.
IF they start builing in mid 2009 (as they proposed) - they have 2 years.. to build (490KM) rail road. divide by 24 months.. we are talking about 20KM of rail road/month ..
I havent even include (political issue and environmental approcal + all sorts)
My dear friend.. FMG only had to build roughly 260KM of railroad and it was not in god forsaken lands..
That still took them from nov 2006 till May 2008 to accomplish 98% completion. NOT to mention they initially meant to start in August 06.. BUT did not start until Nov 2006 (3 months delay) ...samething can happen to SDL easily
WHAT I AM saying is...
WHO cares about what is the bloody ore price is now or later (because we already now it's profitable)
What we as investors WANT to know is WHO are going to build them Damn Railroad and PORT... and THEY better hurry it up... 1 year away from construction phase and we still hearing nothing. Time is ticking
If the board have any sense of responbilities to investors they better move fast on this
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It's better 2 hours early than 1 minute late
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