This will definitely result in a no no for DSO. Might not be any manganese ore mining....at all. GMC might have to buy manganese ore from South Africa or Australia. A smelter with no raw materials is worth ZIP.
"the JATAM and JPIC OFM parties considered that the NTT Governor's plan was an important matter and should be supported by all parties specifically by the NTT community itself."
"The plan to carry out the moratorium is the commitment of the two partners (governor and deputy governor) who from the beginning on the NTT Pilgub campaign have declared themselves as a pair who firmly reject mining," wrote the JATAM and JPIC OFM in a press release."
Earlier in 2018 when Viktor Bungtilu Laiskodat ran as Candidate for the Government he declared.....
"Candidate for the Governor of East Nusa Tenggara (NTT) Viktor Bungtilu Laiskodat said it was inappropriate to build NTT with a mining business.
According to him, as a tourism area, NTT should be built with a tourism-based approach, not mining.
Our society, he stressed, has never known mining culture. If you build NTT with a mine, it will damage all natural and cultural structures in NTT."
Communities in the region expressly reject the mine that they consider to be a destroyer of their superior potential and local culture.
"For us, the generation of youths refused to let our area be mined, because the area to be exploited is an area of economic potential, including those in coastal areas, because there are salt ponds," said Laurens , one of the residents present on Monday
GMC Price at posting:
1.7¢ Sentiment: Sell Disclosure: Not Held