sellpubs: Marine Terminal You asked about the reason for the change in scope of the marine terminal. I answered that question in my Stockhouse post on April 28:
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?s=BAJ&t=LIST&m=30998532&l=0&pd=0&r=0
"The cost of construction of the marine terminal is one reason for our cost overrun. There are two components to consider. The first is that the marine terminal has been redesigned from that contained in the March 2 2010 Technical Report Update..
The second factor is the amount of additional steel now required in the construction of the redesigned marine terminal. Look at the March 2012 Corporate Presentation and you are told that: (1) structural steel started to arrive in Q1 2012 and (2) "commence pile driving on the marine terminal. Turn to the April 2012 Corporate Presentation and you will see that 73 of the total 180 steel piles "have been driven to final acceptance". ...
" ... the answer ... is contained in the Baja 2010 Annual Report (issued May 3, 2011). Go to page 19 and the Q and A section. I quote:
"Q: How do you intend to move supplies into, and product out of, the site?
A: The marine terminal has been extended to accept direct unloading of sulpher prill from Panamax size vessels rather than utilizing barge litering from an offshore mooring. This has significant positive operating and environmental benefits.
Smaller vessels (5000 dwt) will handle soda ash, fuel oil and mining supplies. Product will be backhauled on the same vessels to the USA. Fuel will be brounght in by barge. The balance of material required at site will be brought in by truck."
So instead of "a pier consisting of a steel trestle sitting on steel piles will extend 150 m into the sea", we shall have a pier longer than the original 500 feet into the sea and requiring 180 steel piles.
Like you, I am hopeful that we shall get additional details such as how much money this marine terminal design change contributed to the cost overrun. I am curious to know the length of the pier extension beyond the original 500 feet. The galvanized steel dock at my cottage is only forty feet long. I bought the dock twenty-two years ago and it was expensive back then. ... "
Doug.