Did anyone else actually notice that they are looking to wrap up funding; organise offtake and instructure delivery partners by early 2008?!. Within 6 to 8 mths or so.
Not sure how much more confidence anyone needs in this thing getting off the ground very rapidly.
corporatefile.com.au What infrastructure is needed to take your iron ore to market? Managing Director Don Lewis The Project’s critical infrastructure is the rail and port works and associated utilities. WorleyParsons are currently evaluating route and site options and collecting further baseline design data. We are mobilizing a team from South Africa to undertake an airborne laser radar survey later this month which will deliver detailed topographic data over the mine, port and key sections of the rail route. Construction strategies and costings will be developed as part of the Pre-Feasibility Study (PFS) with a particular focus on the major capital activities - specifically rail route and fleet selection. We are fully funded for this PFS work. Project funding options will be assessed over the course of the next six months as we complete the PFS. Discussions to date have indicated that, on the basis of proving adequate resource size and quality, financing of project infrastructure is reasonably available and we will look to introduce partners for product offtake and infrastructure delivery by early 2008.
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