dudded, page-63

M

"The Port of Geelong would be a goer due to lack of ships the use it at the moment and its location."

http://www.abc.net.au/news/2013-08-28/port-of-geelong-dredging-to-boost-local-trade-and/4919952

Not quite correct, there have been a record number of ships using the Port of Geelong in the last 2 years.

One of the issues with the Port in relation to potential coal exports has been the fact that the larger coal ships could not access the Port due to relatively shallow waters.

Now we have State Government spending $5 million on dredging the Port to give access to "larger ships", not just more ships.

As BR has pointed out in the GHD report, MNM was named as "intending" to export coal from both LV and BM via Port of Geelong.

Now that couldn't happen unless the channel was deepened.

MNM has also done a recent deal with owners of EL5210 in LV for their 289 million tonnes of JORC BC in return for 80c per tonne of "clean coal sold".

Sold to who - you would think off shore buyers.

Infrastructure for export has always been a significant issue for LV...now we have the State Government dredging the Port of Geelong to allow bigger ships in...can we expect the State Govt to be knocking a few dollars behind rail upgrades in the valley in the next few years...

...I think so.

Cheers K