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2.6¢ nagambie resources limited

PASS, page-84

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nmhulse

279 Posts.

37

19/06/18

09:37

Post #: 33787311
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Originally posted by nmhulse ↑

1.3 million tonnes is a bit much.

Some figures I've found for Melbourne Metro spoil is:
2 million cubic meters of spoil in total, of that 1.3 million should be clean fill and and an estimated 221,000 of PASS. Read page 20-12.

https://www.google.com.au/url?sa=t&...FjABegQIARAB&usg=AOvVaw0E2UnwH325y2NQgP9oyJci

Several scenarios could play for NAG if they won a subcontract to dispose of spoil.
1. NAG could take all 2 million m3 (PASS included) at an average $ value.
2. NAG could take only the PASS at a higher $ rate.
3. Any combination of the above.

Option 1 would guarentee Lendlease disposal of all spoil including PASS in accordance with EPA requirements 24/7 in all weather with no stoppages. I'm not sure they would even need to continuously test the 2 million cubics of spoil for PASS as it would all go in the same hole and be be safe underwater.

Expand

Some locations have category A, B, or C waste so Lendlease details how they will manage each site. It looks like they are planning it will and may have to change options depending on how testing during the actual works goes.

They seem very big on meeting EPA requirements.

NAG Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
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