Limited & Ors v Michelmore [2021] QLC 19, the District Court adopted the valuation method proposed by the mining lease applicant, which is the “direct comparison method” that takes into account the property in question and its actual or intended use in exchange for the sale of similar prope...
findmaximumminingprojectvaluebyaddingtotalcostasafunctionof productionrateintoROV.Thesecondsectionhasbeenappliedtoanew modelontheCenturyzincmineinnorth-westQueensland,thusillustrating thefutureoverviewofthatmine.ThenewversionofROVgavea significantpositivevaluefortheCenturyMine,whentheclosureand reopeningoptionswhere...