PRC 0.00% 61.0¢ pike river coal limited

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  1. 4,334 Posts.
    They will also need to acquire land outside of the National Park to deposit the overburden which will be millions of tonnes.
    Not saying it won't happen but I don't give it much of a chance...maybe 30% at best. The greenies will find an endangered frog of fungi and then you can forget any open cast mine.

    I think the mine is more likely to be sold on to a company that can resurrect the underground. Apparently there has been some interest from an Australian coal mining company..(just a rumour)

    I could be quite wrong.

    cheers
 
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