The point about mines (projects) being blocked is very very real. The major offshore windfarm SW Vic and SE SOz is a case in point. Major fed govt policy behind this (green, carbon neutral etc etc) but has been cut back by 3/4 the intended size because of environmental risk issues - whales, bathymetry etc, actually many ocean issues.
Today no project is assured of a green light and the the major orange flag in the Braemar deposit is environmental - this area is very sensitive arid zone country, very beautiful landscapes and easily permanently damaged - restoration of the environment after mining IF it is approved will be a massive hurdle IMV.
So TF agrees with next2; need to be well on top of potential issues before they shit-can the project.
Tip...always keep reviewing the potential of a share to get into production on an EIS basis - Economics, Environmental and Social, because the approvals will be given for all components on this basis.
The point about mines (projects) being blocked is very very...
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| Open | High | Low | Value | Volume |
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| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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39.5¢ |
Change
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| Last updated 15.16pm 15/05/2024 ? | |||||
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