NEB and OEB
posted on
Sep 27, 2018 09:39AM
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
My previous post involves the "national Energy board."
Seems it's not just First nations that can delay projects..
In the case below the Ontario Energy board will look at both bids for the East West Power Line.
The NextBridge plan includes a partnership with six First Nations...but costs 100million more than the Hydro one bid and also costs 3 million dollars more in annual maintenance fees.
Seems to me some "pressure" is being applied. Notice the the OEB has said that because of the significance of the project, it will take "the necessary time" to reach its conclusion.
What is the definition of "necessary time" for these Six First nations to wait for the OEB..conclusion? 1 year , 5 years, 10 years.
TORONTO — The Ontario Energy Board has announced hearing dates for considering the relative merits of two bids to expand the electricity transmission network between Wawa and Thunder Bay.
NextBridge and Hydro One have both submitted applications for the East-West Tie Line.
In 2013, the OEB designated NextBridge as the electricity transmitter to undertake development work for the project.
Last year, however, Hydro One came up with its own bid, dubbed the Lake Superior Link, saying it would cost over $100 million less to build than the NextBridge scheme, and save $3 million in annual maintenance costs.