I have been giving this current non event, progressing towards ML, a bit of thought like everybody else
I'm starting to lean towards a snag in the employment and training segment of the agreement, unfortunately LNY are in no
position to guarantee the numbers that TO might be asking for.
I Can't see EOPL taking on more people than is required to operate the plant, most positions will experience and trade based
The Drill and Blast is specialised, so is the service crew, the haulage drivers will have to be highly experienced, B double or tripples,
require a bit more than a C class licence to drive a holden ute with a few rocks in the tray.
The gold plant is another that requires specialised personal, Fixed plant fitters, electricians, chemist in the floatation section and so
it goes, you get the idea, I can't see the plant owner wanting to employ people that are not going to be productive.
These are just some thoughts that I would be tossing around if I was the plant owner, a small plant has to be run on a tight
budget, there may be a few jobs, particularly if they are experienced in this field; just a small difference of view. Zen.
LNY Price at posting:
0.3¢ Sentiment: Buy Disclosure: Held