TNG 1.01% 9.8¢ tng limited

2019 starts Tuesday, page-23

  1. 1,186 Posts.
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    A couple of points re: the Darwin site
    • NT Government on board - they found the site, if not donated the land to TNG for this purpose.
    • Site is a re-purposed industrial site in an industrial zone
    • Environmental requirements in this location already a major industrial zone, I'd expect will be approved fairly expediently - the EPA knows all they need to about the location.
    • No Native Title Claim
    • Construction capability, Engineering capability well established in Darwin - having Inpex just finishing any contractor on that project knows exactly what is required - Inpex had 8,000 people out there at one stage
    • Construction costs will be down with the wind down of projects across Australia
    • Community wise - traffic to the location was very high for Inpex so risk of complaints from residents minimal. Inpex wind down - is impacting house prices & employment. This project will be welcomed.
    • Accommodation for FIFO workers more than ample - there will be thousands of construction type rooms vacant after Inpex

    The Risk & Opportunity register for TNG's Darwin Refinery will be a sea of green IMO. Low risk, ample opportunities.
    Last edited by Propunter2: 14/01/19
 
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