AVA 4.55% 10.5¢ ava risk group limited

ava,s attractive features

  1. 897 Posts.
    Peppie,
    you'd better let their Coolimba JV partner AES Corp. know about all that because the silly buggers have already taken responsibility for the funding of the project.


    I've detailed some important features AVA offers -

    JV partner AES Corp, employ over 25,000 people, own and manage over $35 billion in assets, operate in around 30 countries around the world and have developed over 160 projects . So Peppie, why are they wasting their time here?

    AES has underwritten the funding.

    Coolimba's output will be 5 times the size that you and ENB are talking about. They will supply 400% more power to the MW and SWIS than ENB can!

    The future power needs of the MW alone would demand ENB's planned station to be scaled up even before it is built.

    The Mid West alone will demand over 500 MW of power to supply what's already planned for the MW.

    Further recently announced projects would demand extra power on top of that, if developed.

    AVA's project is a longer term solution.

    Mid West has at least 3 large power intensive magnetite iron ore mines coming on stream needing to concentrate enough iron ore to export upwards of 50mt of IO concentrate a year.

    Mid West also has the power intensive Oakajee Port and industrial estate planned for completion by 2014-15.

    And here's the clincher- Mid West could have W.A's first steel mill at Oakajee if the joint agreement between the WA State Gov't and China's 2nd largest steel maker, Anshan Iron and Steel (Ansteel), gets the OK from the pre feasability study that is underway.

    Coolimba will have its own initial fuel supply offering tremendous security and cost efficiency in a rising global energy market

    Low cost inputs will ensure a competitively priced power supply from Coolimba to SWIS and MW end users

    Coolimba will produce ample excess power to supply into the SWIS network as the 3rd biggest and newest power generator. SWIS desperately needs extra future power supply

    Coolimba will be the only sufficiently large enough power generator North of Perth supplying MW and SWIS

    Coolimba will reduce or eliminate the severe power transmission losses North of Perth currently being experienced through current SWIS.

    Producing 400% more power supply than ENB’s plans, and operating and supplying their own fuel source, means Coolimba offers far more employment opportunities in the MW. The WA Gov’t loves that idea

    Guess where the WA Gov’t has just declared that the new SWIS 330Kv power transmission line upgrade will stop at- Eneabba!!!!!!! Read that as Coolimba Power Station!!!!!!!
    ENB’s planned project is a long way from there!!! Does that tell you something????

    EPA problems??? The EPA will welcome this with open arms.
    The project will be developed on an existing mine site and freehold land that is currently used for mining and farming anyway. Minimal further environmental impact to the land is expected. Furthermore on the EPA, read the following-

    Coolimba will be one of the first Carbon Capture and Storage projects in Australia

    This project will skyrocket Kevin Rudd onto the world stage as one of the first "green" leaders to preside over a geosequestration project. He would love that idea!!!!!

    I could go on more Peppie...

 
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