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MRA commentary in PNG press, page-7

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kiwi51

167 Posts.

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27/06/18

11:07

Post #: 33975990
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Originally posted by MahoganyPark ↑

To the friends of kare
Thank you for the posting of the article.
Summit (Indochine) is made up of many smaller family shareholders who have had the faith and supported the process with George to vet clans and identify landowners. The process was long, thorough and expensive as we invested our savings in shares to financially support the process.The rightful owners must be and will be respected.
Unfortunately Summit has had some rather ordinary management in the past for which both yourselves and ourselves still suffer. Financially the situation has been a disaster for many smaller investors who shared your dream of prosperity.
We can only hope that Summit is successful in the renewal so work can start urgently. Only Summit can move really quickly is my understanding.
As a small shareholder I thank the Mount Kare Landowners Association for their support.

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Optimistic my friend!
Read the latest re Summit and employee payments in Papua New Guinea Mine Watch.

IDC Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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