The announcement today and the obviously upset SA government about the bags of rubbish just left round Mt Gee is a real worry.
What is for certain is that the greens and anti mining people will use this incident as a wedge to help stop any development. I reckon that even if the feasibility studies show the deposit can be economically and safely mined then the anti mining advocates will have a field day for years on this project. Who knows it just may end up as big as g the franklin all those years ago in tassie.
On the investment case there is a lot of time to go by before anything market useful is known. I think the price will slowly keep on evaporating in the absence of any progression.
cheers
omg
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