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mining is not quite dead ..yet

Discussion in 'Property Market Economics' started by JDP1, 15th Oct, 2015.

  1. JDP1

    JDP1 Well-Known Member

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    R377 likes this.
  2. HUGH72

    HUGH72 Well-Known Member

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    Good for jobs in Central Qld but I have doubts it will go ahead though.
     
  3. R377

    R377 Well-Known Member

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    $3-5 billion project is considered substantial but $16 billion is HUGE. What was the big Darwin project worth ? $15 bill ?

    You can buy houses in those areas so cheap, I am sure there is money to be made if you are keen on rolling the dice.....
     
  4. Waterboy

    Waterboy Well-Known Member

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    And after the exploration and development phase comes the Capex Cliff and Production-Export phase.

    Be careful with your timing cause the latter phase significantly requires less manpower.
     
  5. JDP1

    JDP1 Well-Known Member

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    I think there will be jobs in the city as well...but more in terms of service provider eg financial audits, engineering services etc. Perhaps not a significant amount though.