Thanks ndl3ssIts a big project with some massive profit...

Thanks ndl3ss

Its a big project with some massive profit potential and not much standing in the way of things with the QLD Premier herself wanting it to go ahead...its normally the other way around but I suppose with the credit crunch its good to get things moving on projects that create mass employment and investment opportunities.

I understand Gizard about the project timing and you thinking it may not go ahead but looking deeply into the situation and where its at...it looks like it hasn't been this close to getting the full go ahead.

The TOR (Terms of reference) announcement just out on Friday night is the first stage of the Enviro Impact Statement which has been lodged with the QLD government and is closing off from public submissions in less than 6 weeks.

Gizard....was BGD every this close...having submitted everything for approval to the government...site secured...consultants contracted for the setup and everything?

This sounds to me that beginning early next year that construction of the plant will begin.

Between now and then though...the market will work out what its worth....looks like the market has been waiting for a while to see BGD get to this final point...ie: just needing permission based on the EIS.