more aldp clues

http://www.dpi.vic.gov.au/energy/innovation-and-research/etis/advanced-lignite-demonstration-program/aldp-frequently-asked-questions

this page is being updated regularly in response to queries from ALDP applicants.

these recent additions to the guidelines on the FAQ page are worth looking at:

10 - can we get an extension of time to meet ALDP requirements?

'No. In accordance with the program probity requirements, no changes to the published timelines will be made. No exceptions can be made.'

16 - what does the Govt want as to security of project delivery?

'Suitable security will be sought for the project commensurate with the risk. This could range from Performance Bonds to a parent company guarantee. The security requirement will not reduce over the life of the project as the State still requires recourse if fraud, mal-administration or deceptive conduct is discovered later in the project. Note that the government is not seeking to protect itself from the project deliverability – this is achieved by paying grant instalments in arrears, on the achievement of milestones.'

20 - assurances about future LV coal export infrastructure?

'Infrastructure requirements are well understood by this government. There has been significant work which is ongoing on the future infrastructure needs for export of coal related products.' (WOW!)

21. timing of stage 2 of ALDP?

'Shortlisted proponents will be provided with the RFP documentation on the 11 December 2012. The RFP closes on the 19 March 2013.'

23. more questions on LV coal export infrastructure?

'The Government is aware that transport and infrastructure requirements form a critical part of many coal development proposals. The Premier has requested that a Taskforce be established to consider a range of issues relating to the development of an export coal industry, including transport and infrastructure development.' (When will Mr Market wake up to this?)

Anyone seriously questioning the viability of the BC Pilbara emerging in Victoria needs to read this entire page.

It looks pretty clear that Ted Baillieu & Co sees a grand vision for BC export from Victoria (and the associated boom in jobs and revenue) as his ticket to political survival.

And in terms of a big bang plan for jobs and revenue for Victoria what else has he got to work with?

This story is so big the market can't see it, or refuses to believe it. The boom sector of 2013 on the asx will be brown coal stocks if this all plays out to script. And as the 'script' is being written by the State and Federal Government in unison what can stop it?