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  • Was the North Spur factored into the original cost estimate of Six Billion Two Hundred Million?
    July 01, 2013 - 13:30

    Since it is an exorbitant estimate, $6.2 Billion dollars for a hydroelectric project that is only going to deliver only 800 mega watts of hydro energy, I am wondering if the North Spur work was factored into the $6.2 Billion dollars estimate from the beginning?

  • Just Sayin
    June 28, 2013 - 08:45

    The fix at the North Spur has continued to decline, as far as estimates go, from 11 percent of the project cost to 2 percent. Meanwhile the problem seem worse and more severe over this same timeframe, since little investigation was done to determine a suitable fix. This investigation is only now underway and will take another 6 months. After that we will know if the cost ratchets up to 11 percent or more. So at present they can say the cost hasn't gone up. Are they misleading the public? You betchya. Should this investigation of conditions been done before sanction? You betchya. Are their best methods by using a crystal ball instead of engineering principles? You betchya. Does that erode their status as a world class company? You betchya. Is the crystal ball approach a good one? Certainly for politicians, Minister Kennedy said so in the House of Assembly. If it meets Jerome's Standard, it meets Ed Martin's. And Gilbert Bennett is so pleased with the volume of rock removal " enough to built the great pyramid in Egypt". All we need is a tomb there to drop Gilbert in. Doesn't he look like a Pharoah? After 3 thousand years the pyramid in Egypt became a tourist attraction. What was their return on investment for the first 2000 years? So our contractors can blow up a lot of rock! Why didn't he take the cameraman across the river and show the mud slides and explain the problem with quick clay?