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jbtc

340 Posts.

122

24/02/17

09:34

Post #: 22867805
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Originally posted by dplayer33 ↑

After a little digging I found this submission from the Jubilee Institute (some independent think tank thing) on the proposal to fund RES and the mine.

Looks like there was a submission made to fund it at least.

Jubilee Australia has urged Efic to reject an application to take part in financing a new coal project in the Waterberg region of South Africa.
Efic announced in September that it was considering financing the Boikarabelo mine, a project of the Joint Australian-South African company ResGen.
'We were encouraged to see that Efic had not to our knowledge financed a major fossil fuel project since 2009,' said Jubilee Director Luke Fletcher, 'which we felt was a step in the right direction.'
'But this new project would be a disaster for the planet. It would open up the entire Waterberg region, the fourth largest coal deposit in the world, to exploitation. If this project continues, we will have no chance of keeping global warming below the 1.5 degree threshold agreed to in Paris last year.'
See the joint submission made by Jubilee Australia and The Australia Institute here: October 2016 Submission to Efic on Boikarabelo
Watch footage of Federal Greens Senator Lee Rhiannon questioning EFIC on the project in Senate Estimates on 20 October (from approximately 21:30)

- See more at: http://www.jubileeaustralia.org/lat...ID=1189888&ObjectType=35#sthash.K1je5qCe.dpuf

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The Greenies don't know if they're coming or going. No credibility whatsoever.....
https://www.thesun.co.uk/news/29336...-that-are-as-bad-for-environment-as-coal/amp/

RES Price at posting: 9.9¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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The Greenies don't know if they're coming or going. No...

Top Stories

BCI reaches close of funding facility for salt-first part of Mardie project

Buxton projects new graphite province discovery at WA Narryer play

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

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Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

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