CXM 11.9% 3.7¢ centrex limited

It is also quoted that:"South Australia's Development Assessment...

  1. 3,666 Posts.
    It is also quoted that:

    "South Australia's Development Assessment Commission has given its final recommendation on the proposal to South Australia's Planning Minister Paul Holloway, who is expected to announce his decision in a matter of days."

    Whilst I am a stake-holder in Centrex, and therefore biased, the issue of fishing vs mining is a issue that is solely based on lack of info.

    The EPA originally objected to the proposal of shipping hematite out of Port Lincoln, but have since withdrawn their objection. They did so because the science was overwhelming.

    The concern that iron in the water would create algal blooms is simply not true. Hematite is INSOLUBLE, and hence could not create the blooms.

    But, understandably, vested interests will always be concerned about their own livelihood...


    In any case, the race is run. And once the positive recommendation from the DAC is then rubber stamped by the Minister, and announced, CXM should then jump accordingly.

    Remove the doubt, and you remove the price cap. And it is near-term DSO exports, here we come.

 
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