HVY 4.30% 8.9¢ heavy minerals limited

Ann: Royalty Funding Completed, page-52

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  1. 551 Posts.
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    Thanks for the comments, here are my thoughts.
    Re the road capacity:
    I had a look at the section of road you referred to and it appears to be a very short section of about 6kms. HVY would likely either upgrade it as required or perhaps single trailer the product out to the highway then join trailers to road train it out. Don’t forget we just had a trucking company just sign up for over a million dollars of royalty funding, they will help sort out road routes/logistics. Not a concern imo.
    Re the locals: Yes there will be concern with any new large scale operation however I have no doubt the locals and elected councillors will see the mines significant injection into the local economy as more beneficial than not having it. Not a concern imo.
 
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