CGB 0.00% 2.1¢ cann global limited

Ann: MDL Granted on South Johnstone Bauxite Project, page-36

  1. 11,400 Posts.
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    You do realise it's not just Mourilyn right? you know where the project is?

    it effects South johnston, Mourilyn and Inverell and the trucking route crosses the bruce highway.

    Have you been to a community forum or public hearing about a proposed development? there will be huge criticisms of that plan when there is a railway available. The reason QBL didn't use the rail I expect is that it would be a much bigger cost to capex (and perhaps opex, although it may be lower) and that would impact their IRR.

    As I said, their scoping study was not comprehensive and the economics touted won't be the end of the road.
 
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