The stage 3 project is located roughly 160 kilometres (km) west of Brisbane, 35 km north-west of
Toowoomba and 14 km north-west of Oakey. The project is the expansion of the existing open-cut mine
and proposes to produce up to 7.5 mtpa of thermal coal for an approximately 12 year period.
The community, shareholders , State Revenue, ATO et al would be benefiting from some $4 Billion pa of additional revenue to NHC if the mine was operational during this time.
But given the legal and political obfuscation over the past 15 years that ( start up) is still in abeyance.
Dividend forcast, page-31
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