JML jabiru metals limited

Power GenerationIn light of the recent and apparently continuing...

  1. 1,157 Posts.
    Power Generation
    In light of the recent and apparently continuing increases in fuel prices worldwide, Jabiru is in final
    negotiations with gas suppliers, specialists in gas pipeline construction and gas fired power station
    operators, with a view to transferring to gas fired power generating facility at Jaguar for the long term,
    rather than diesel fired as designed in the BFS. Jabiru believes the potential long term financial benefits
    available are attractive and justify the capital costs.
    In the interim period, Jabiru has an existing power generation agreement with a diesel power provider which
    allows for a gradual ramping up of the existing diesel generating facilities in line with growing power
    requirements over the next 18 months. This staged approach will ensure that generation efficiency is
    optimised and matched to the Company’s needs in both the short and longer term.
    In line with the above strategy, Jabiru has successfully concluded all access agreements required, and has
    been granted a miscellaneous license for the gas supply pipeline from the Goldfields Gas Pipeline to Jaguar
    (12-3-07 page two)Half Yearly report.


    It definitely won't impact the production schedule.

    please do your own research
 
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