The Shire of Laverton will bitumen-seal up to 100kms of the Great
Central Road (GCR) commencing January 2019
• This road-surfacing project will replace 70kms of un-sealed road with
high-grade sealed road in APC’s logistics solution (Figure 2)
• APC’s logistics consultants are refining OPEX models based upon this
latest material development
• APC and the Shire of Laverton have entered into an Agreement to offset
rates due on the recently granted Mining Leases at Lake Wells to the
upgrade and maintenance of the Lake Wells access road
• APC and the Shire of Laverton have agreed to scope the feasibility of
sealing the Lake Wells access road which would make the Lake Wells SOP
Project’s logistics solution a 300km all-weather bitumen sealed road to
the Leonora rail-head
Nice bonus to the project. Local council in favor of development and working with companies to help unlock the lake wells area by the sound of it. Cost savings in transport and possible infrastructure savings using Laverton as a base in the future plus possible cost share with the neighbor all bolstering the bottom line. Happy with that.
APC Price at posting:
7.2¢ Sentiment: Hold Disclosure: Held
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