BCL's court action against ABG, page-10

@vontrader

..Chairman Sylvester Birou Pisi has told.................. it will on-sell the rights ‘to the highest bidder’."


This assessment is very close to reality and it is very convincing.

Panguna History :In the 17 years prior to 1989, the mine produced concentrate containing three million tonnes of copper, 306 tonnes of gold and 784 tonnes of silver. The production had a value of 5.2 billion Kina (K) which represented approximately 44 per cent of Papua New Guinea’s exports over that period.

Panguna 306 tonnes of gold = 18 tonnes/year = 576000 oz gold (+ copper + silver)


The Masbate Mine continued to exceed expectations, producing 46,557 ounces of gold in the third quarter of 2017, approximately 186228 oz gold >>>> less than 1/3 of the amount. ;-))

Fake is .......RTG are not going to sell the rights to the highest bidder, they will develop it - just like they did at Masbate.

It's like world league to local club forget it. !