Not the near term news we would hope for.
I do agree that an alternate energy source like gas will be cheaper and less damaging to the environment.
From Esso to the south.
I was not happy with a Hydro Electric generation set up.
The dam was to be 300m high at the wall.
Earth quake risk enormous.
I was in PNG in Dec 1970 and experienced a 7.6 quake centred north of Madang. Lots of native gardens slipped from ridge tops between Madang and Wewak. I cant imagine how a 300m high dam wall would fair.
Construction time will probably be the same to finish as original. Tricky to lay a gas pipeline though.
Conclusion :- probably better for the project.
Cheers
- Forums
- ASX - By Stock
- HIG
- Ann: Frieda River Copper/Gold Project Update
Ann: Frieda River Copper/Gold Project Update , page-4
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HIG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online