MTE 0.00% 3.0¢ metrocoal limited

1,188mt resource and growing!, page-35

  1. 6,072 Posts.
    nbbirch,

    What you ask would involve a railway through properties not under the control of Metrocoal. Furthermore it would require substantial amounts of money, regulatory approvals etc etc and now time.

    To give you some sort of idea how much, LEIJV (Leighton/Macmahon JV) were contracted by BHP in 2009 to duplicate a 220km railway line for $500 million and as it turns out not even $500 million was enough. I'm sure BHP spent even more in its own right as well.

    SBR has been in the planning stages for years. WICET stage 2 will coincide nicely with the commencement of production.

    :)
    Nic

    NB: What I post is clearly just my opinion with the help of a bit of research.

 
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