BCI 2.22% 22.0¢ bci minerals limited

Ann: NAIF Approval of A$450M Loan for the Mardie Project, page-63

  1. tcf
    6,858 Posts.
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    Not sure who your asking but Chevron, Santos and the third party aren’t interested in holding out for shares in BCI. They are protecting their gas pipeline assets from interference or damage by BCI. A rupture of any of these pipes would cause significant interruption to up to 40% of the WA domestic gas supply. What cost would that be to the gas companies and the WA gas consumers?

    what indemnity would these huge gas players be seeking from BCI?

    This access issue has been going on for about two years and as yet design for an overpass of the already buried gas pipeline has seen no apparent resolution.

    The large trial pond has been relocated north of the gas pipelines and construction of the seawater pump station has been delayed for over 12 months.

    A visit to the wardens court has seen no apparent resolution.

    Clarification from BCI on this gas pipelines issue is so important to project progressing (even environ. approvals) at this time but I expect we will be kept in the dark for some time to come yet.


 
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