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Howardhaftel

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Howardhaftel

Re: Howardhaftel post# 13631

Sunday, 03/14/2010 6:53:58 PM

Sunday, March 14, 2010 6:53:58 PM

Post# of 42997
EEGC News

Oil explorer threatens to sue



A TASMANIAN oil and gas company is planning to sue the Bartlett government if its proposed mineral exploration licence, potentially worth more than $3 billion, is reduced.

Great South Land Minerals is shocked by the recommendation by Minerals Resources Tasmania it be granted an exploration licence of 3180sq km. Chief executive Malcolm Bendall said GSLM would sue the state for $3.3bn - the estimated wealth of deposits covered by the initial agreement - unless the government reconsidered.

This is only my opinion!

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