Project activities and timeframes

The Surat Basin Rail Joint Venture is striving to investigate and progress the Project with the following key milestones by the indicative dates set out below:

Key project milestones

Appoint engineering consultancy to plan and design railway July 2007 Completed
Finalise preferred route between Wandoan and Banana November 2007 Completed
Submit Initial Advice Statement (IAS) to the Coordinator-General January 2008 Completed
Submit Environmental Impact Statement (EIS) to the Coordinator-General for public comment Late 2008 Future stage
Complete Business Case (includes financial model) Mid 2009 Future stage
Agree with the Queensland Government on the principles for a development agreement Mid 2009 Future stage
Achieve financial close End of 2009 Future stage

* All time frames are indicative only. The ongoing feasibility of the Project will be assessed at the end of each stage of the Project and whether the Project progresses to the next stage will depend on the outcome of that assessment.