as the EIS deadline is nov 12, and was largely done in the previous iteration before haulage routes had to be changed, couldnt imagine it not being regurgitated with any degree of difficulty.
While EIS is a necessary box to tick, to secure the land allocation, the next box has jv partners in it i reckon.
If i was a realestate salesman, i would be saying to investors here, Location, location, location.
Right on the doors step of a major port (for export and offtake), access to rail, and local lime, coal, and rail to import iron ore.
But i'll add this, while it is not part of the current EIS, does anyone know what red MUD is?
the Queensland Alumina tailings dam a couple of km from BGD?
Basically, Bauxite is the ore from which Aluminium is produced. Half aluminium, half Iron. The waste product losely called red mud, is the iron left over from producing alluminium for the last 30 years????
anyway, it wont form part of the EIS, but is a very low cost of iron ore supply for later consideration.
Location, location, location.
BGD Price at posting:
3.2¢ Sentiment: LT Buy Disclosure: Held