blair athol funding - clever move pb, page-4

I dont know about that - as far as I can tell New Emerald might need to amend the EIS of the Blair Athol mine but funding for decomissioning and rehabilitation will be Linc (NEC) responsibility....

If New Emerald use the Adani royalty as the provision for rehab and wont be used for mine operations at Blair Athol then surely that is just an accounting adjustment?

kats06902 can you point me at the legislation that covers how much money needs to be in a rehab provision account at any particular stage of mine life?

Does it mean Linc (NEC) need physical cash funds set aside for Teresa rehab before they can commence operations or can they claim that a proportion of operating revenue will be put towards rhab - why cant they use Adani royalty to fund rehab?