The Aquis casino resort EIS community information Symposium.

The Aquis Casino symposium which was held on Thursday evening July 10, 2014 to present "portions" of the EIS report to the residents with expert speakers as Professor Jon Nott, Professor Alan Hale who outlined the information contained within the report.

Professor Nott was again frustrated by the lack of data contained within the report which would have assisted him and his team to check and test all the revelant information within the report.

The Professor outlined significant problems that could occur with the building of the Casino/Resort outlining that various areas could be affected by flooding and he did state that "Yorkeys Knob could flood then again it may not" and without that data no one is 100% positive.

One has to ask "WHERE DID FLANAGANS GET THEIR INFORMATION FROM?"  and more importantly why wasn't it in the EIS report and until it is presented we assume that the info "could" be fudged.

Consultants like Flanagans are only interested in satisfying their developers and keep info under wraps instead of making it public like they are required to do until the regulations.

All information pertaining to this project and others are required to be listed in EIS reports.

It was interesting to not that a representative from the Co-Ordinator General's office was in attendance and was taking notes of what was said especially by the speakers and what Professor Jon Nott had to say and he pulled no punches.

It was unfortunate that all relevant data was not available in the EIS report and had it been so then all in attendance would have better information explained to them, but like everything else like this the information was just not there for it to be tested. 

Professor Nott and his fellow colleagues did the best to present information to all in attendance.

Interesting comment by a Project Financier with over 35 years experience who travels the world and Australia dealing with large projects.... he had this to say...

With no joint venture investor parties, a hotel operator of international calibre nor an experienced casino operator there is absolutely no evidence whatsoever that Mr Fung has the financial capacity to deliver this massive $8bln project himself. So before spending huge amounts of public monies and time on evaluating the Aquis EIS why has the government not demanded Mr Fung provide assurance that if the EIS is approved, licence granted etc he has underwritten finance and can actually then deliver the project. This is usually standard practice for substantial projects such as this. Simply if Fung and this project is to be given any credibility as anything other than ‘pie in the sky’ we need to see a letter from lending agencies such as banks that they will make all monies available for the construction of Aquis if licences are granted.

This is a comment made earlier in an interview: 

The Fung family had spoken to financial institutions about funding the resort and had not yet committed to any, he said.

You can read the article below dated June 7, 2014 under the heading:

Another day another story but will it ever eventuate.