GNX 2.38% 21.5¢ genex power limited

Upper reservoir - turkey's nest construction?, page-7

  1. 109 Posts.
    lightbulb Created with Sketch. 1
    I dare say the Impact Assessment Report (IAR) needs to be finalised by the Coordinator General first. I don't know if you've ever heard how fast government works, but it's not correlated to the number of people employed the government. Luckily for us, this project will receive enough political pressure to be pushed through from the high level quickly, just not sure how that works considering the CG is independent from political influence.

    It appears that the IAR involves the water release, obviously it's contaminated from the mining days... bit of a catch 22 here, 'green' project needs to dump contaminated water. It also appears that release of contaminated mine water is common practice.

    We're lucky though, this looks to be a much shorter process than a full EIS.

    http://eisdocs.dsdip.qld.gov.au/Kid...ge-hydro-project-initial-advice-statement.pdf

 
watchlist Created with Sketch. Add GNX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.