"Cdu's neighbours QMN and GBZ and possibly others are now placed, as I see it, in an awkward position with the forthcoming closures and without access to Port of Townsville "
With Exco putting up the white flag and selling the CCP project to the Xmen i cant see any of the other juniors being able to go down the mining in their own right road.
I think the only option for the juniors now is to process their ore through Ernest Henry either by J.V or outright sale to Xstrata.
Exco baulked at building their own plant because they knew it would be massive dilution and plenty of risk going forward.
There will only be 3 copper mines in the region ( IMO ) Mt Isa , Ernest Henry and Rocklands.
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