Wonder where they are going to get the money to develop it....

Wonder where they are going to get the money to develop it. Capex is significantly higher (total and per tonne) than what springsure is looking at. Agree with T that this could sit dormant for a while.

On the approval side, seems unlikely that the qld gov will let this gigantic mine through (think the objections that were taken to the land court were much more than springsure is facing) and not let springsures smaller one go through.

Unfortunately, no positive impact on the bnd sp. Down a little today, again even with slightly better China data.