C in Spanish - nice phonetic language - however Korea in English
But the political risk is not playing out in Korea, at present not like Thailand and KCN for example.
Also if the Korean staff were good at mining wouldnt the mine be up and running before now. Australians may be a bit expensive - however there is one thing we are world class at other than bionic hearing, and that is being the very very best in the world at extracing minerals economically.
I believe that SAU may have one or two consulting geologists on the books for Korea - however as I understand it - it will be BMV doing the heavy lifting, so who knows where they will source their technical staff. The day to day mining and processing can be done by the hard working Koreans, but they are not world class at mine schedules, mine engineering, geology or met plant processflows etc.
Current staff on the books in Australia would be very low - does anyone have the exact figure ?
SAU Price at posting:
24.5¢ Sentiment: Hold Disclosure: Held