Had dinner with my inside connection last night. These are his words:

The current downturn in the mining industry will have the opposite effect on the Oakagee development than what many are expecting.

The project will proceed even faster

Why ?
Lack of employment within Geraldton area after drop in FIFO work.
Huge investment in area to assist recovery, both federal and state have budgeted large amounts for the project.
Price of project inputs (Steel, labour, fuel) has dropped.

The premier is right behind the project and is committed to ensuring the project commences A.S.A.P.

Sorry dudes, I'm just the messenger

NotWal said...

How does that affect Geraldton?

Well we get a big ar$e port that we wont need until the next iron ore boom comes along.

For the GWC: was there ever a committment on paper that they would build the artificial reef as compensation to windsurfers?