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Back from a few days turtle watching.....
NHC own the port facilities at Fishermans Island, but Queensland Rail provide the transportation.
Load out near New Ackland is fairly basic..the coal is trucked a couple of k to the rail line, where is is pretty much dumped beside the tracks. End loader puts it on the trains from there. No conveyors or overhead discharge into wagons fom hopper bins etc....maybe this will come with the mine's expansion.
I also understand that a the segment of the line down the Toowoomba Range is capacity limited at this stage. The trains are also comparatively small compared to their central Queensland cousins.
To get to FI, the rail transverses through Brisbane's suburbs, so there may be restraints (now or in the future) because of conflicting demand by the surburban passenger sytem and maybe even noise issues. Over my side of town, morning and afternoon peak times are pretty much given over to the suburban network, and I would imagine that would be the same over that side of town as well.
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 Originally Posted by Huang Chung
Back from a few days turtle watching.....
NHC own the port facilities at Fishermans Island, but Queensland Rail provide the transportation.
Load out near New Ackland is fairly basic..the coal is trucked a couple of k to the rail line, where is is pretty much dumped beside the tracks. End loader puts it on the trains from there. No conveyors or overhead discharge into wagons fom hopper bins etc....maybe this will come with the mine's expansion.
I also understand that a the segment of the line down the Toowoomba Range is capacity limited at this stage. The trains are also comparatively small compared to their central Queensland cousins.
To get to FI, the rail transverses through Brisbane's suburbs, so there may be restraints (now or in the future) because of conflicting demand by the surburban passenger sytem and maybe even noise issues. Over my side of town, morning and afternoon peak times are pretty much given over to the suburban network, and I would imagine that would be the same over that side of town as well.
Perhaps NHC can spend some of it's surplus $A1b to set up it's own infrastructure network & rail to it's own port facilities?
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Originally Posted by shasta
Perhaps NHC can spend some of it's surplus $A1b to set up it's own infrastructure network & rail to it's own port facilities?
I sincerely hope you're joking Shasta.......it would take BILLIONS to duplicate. Really, as long as you can accept that there are some limitations between the mine and the port, why would you bother?
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Originally Posted by Huang Chung
I sincerely hope you're joking Shasta.......it would take BILLIONS to duplicate. Really, as long as you can accept that there are some limitations between the mine and the port, why would you bother?
Call it a polite enquiry rather than a serious business case!
I still believe NHC are in a better postion than most, with there own port facilities & some surplus cash earning interest over the next 11 months
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Originally Posted by shasta
Call it a polite enquiry rather than a serious business case!
I still believe NHC are in a better postion than most, with there own port facilities & some surplus cash earning interest over the next 11 months
NHC - ASX issues a slap with a wet bus ticket!
http://www.stocknessmonster.com/news...E=ASX&N=206675
A bit of overkill really, do they have nothing better to do?
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Originally Posted by shasta
NHC - Awards contract to Sedgman for the New Acland Coal Mine #2
NHC ramping up production & has plenty of $$$ lying around to fund it.
http://www.stocknessmonster.com/news...E=ASX&N=207208
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Originally Posted by shasta
NHC - Resignation of CFO
http://www.stocknessmonster.com/news...E=ASX&N=207584
Normally i'd be more than concerned but after 27 years of faithful service, i wish him well in his new ventures...
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NHC - Quarterly Out
http://www.stocknessmonster.com/news...E=ASX&N=207903
NHC must be watching the AOE anns with glee...
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