Re: does history repeat itself ?
posted on
Nov 16, 2013 03:27PM
Djje
Thank you for your extremely comprehensive summary of the road rail debate, and the citing of Kahreema, Rhammer, and Fossil contributions. Your collective conclusions are very correct and Djje , your reasoning is flawless.
As some might know I am a bit of a NOT milestone, timeline and self trained ramp expert myself. To this end, when I attended the last agm and with fellow poster MGg and I had a conversation with Allan Coutts about the mine start date (dec/2016 confirmed).
Djje, during this portion of the conversation Allan volunteered some interesting comments about conditions for a mine startup. He said that in all his experience with many mine starts in Australia and Canada in very innacessable locations for iron, copper, nickel , etc. that transport always started with roads. With rail coming sometimes decades later, as commodity pricing permitted. He also said that mines which had significantt pgm credits were built and mined first for managing and enabling the mine financing timelines. Mines without credits took decades to develope, eg . Iron mines in Australia.
Also, remember that an underground NOT concentrator is being built to move ALL PGM and other resource types to market, with a least cost/ max revenue value transportation model. FYI to your arguments, djje.
Peter