bananaB

You are quite correct in your proposal about different stakeholders getting together to build the RR to the ROF.

From Tetra Tech WEI Inc. report, commissioned by KWG, the cost of the RR is about $1.5B compared to $1B all-weather private road for CLF.

In the big scheme, $1.5B is really "nothing" compared to the costs/values of large projects which can easily run at many times of $1B. Let's list some potential money below for the required $1.5B:

- CLF ($0.6B for the private road, and they would love this RR ("embrace" would be a better word)

- Prov of Ont contribution of about the matching fund as in the case of CLF private road ($0.6B)

- CLF ($0.8B for developing BD ahead of BT, saving 0.8B from the concentrator which is required for BT0

- Fed, at least $0.4B from the PPP scheme, grant

- Fed, more $ is possible (really, money is no object in this case, if FedNor wants to do something meaningful), say another $0.4B (even loan would be fine)

- Ont Nortland group: They can certainly throw in something, say $0.1B, or some concession in wage demand (just to save their jobs, and have a stake in their company).

- CN/CP: They can probably fund the entire amount

- Financial Institution: They don't talk small, but let's say some pitly sum of $0.1 or 0.2B. KWG could perhaps do this on the behalf of the consortium.

- Public participation: Could easily raise $0.2B for this RR enterprise (it will be a profitable enterprise = cash cow). KWG could do this as well.

- Etc...

If the tally is done: 0.6+0.6+0.8+0.4+0.4plus+CN/CP+0.2+0.2 = $3.2B plus + CN/CP + others, which is more than double the projected cost. This is not counting people like Baosteel who can plop down a big wad of money (say $0.5B) without blinking an eye.

Money is not an issue here. It's the will of the people involved (particularly the governments).

goldhunter