CAP 6.00% 9.4¢ carpentaria resources ltd

Ann: Investor Update March 2012 , page-11

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    Here's a snippet from a recent article which further discusses the port issues in South Australia. The passage comes on the back off Centrex tieing up a development project at Port Spencer.

    ...Carpentaria Exploration and Havilah Resources, have called for a new port facility near Port Pirie. The SA government said in a recent report that there was overall uncertainty regarding access and capacity of existing, new and proposed port infrastructure in the state.

    SA Chamber of Mines and Energy chief executive Jason Kuchel last month said many companies were unable to finalise their mine without a port to get product to market.

    Conversely, infrastructure providers were unable to fund a port without the mines already being in place. Mr Kuchel has called for government intervention to end the current piecemeal approach to infrastructure development in the state.


    The full article can be found at this link:

    http://www.thebull.com.au/articles/a/26776-chinese-firm,-centrex-form-port-jv-in-sa.html
 
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