Thanks slash, i'm just suggesting, that the red mud in question, being the residual iron ore in the Queensland alumina tailings dams, would represent a cheap iron input for BGD in a latter development.
Build a slurry line, and process sub-plant.
I understand there is a process it has to go through, in order to release the iron from the chemical compound which is residual from the bauxite.
But, you dont need to do that up front into your EIS, as you want to keep that as straight forward a process as possible using existing techknowledgy. Only later, when you have plant running, you might then look at additional EIS for that cheaper option. ie what are the tailings of the tailings? and where do you store them? Pump them back to QAL? But it certainly adds to the rational for that location being valuable.
So, this new route and the endangered species? are they going to revise route? or can they relocate the endangered?
Would be mindful of the Nov12 requirment.
BGD Price at posting:
3.2¢ Sentiment: LT Buy Disclosure: Held