It's difficult to know where to start with your comments but I will get back in due course. Just for starters though, in an interview between the then BCL chairman Don Carruthers and James Griffen, formerly of UPNG, published in the Weekend Australian in 9/10 June 1990, Carruthers stated that since commencement of operations BCL "had generated $2.3 billion in cash of which 67% had gone to the Government of PNG, the North Solomons Provincial Government and landowners". He also said that "the distribution of these revenues has always been a matter for the national government, not the mining company, to determine. He also noted that the company had trained 12,000 employees, including 1000 tradesman; also 300 graduates had been sponsored in PNG and overseas.
Of course I suppose you were there to witness the "colonial attitude" ...
Incidentally at the time the mine closed a $100M (dollars of the day) tailings pipeline had almost been completed.
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Mkt cap ! $46.65M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
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---|---|---|
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---|---|---|
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No. | Vol. | Price($) |
---|---|---|
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3 | 400000 | 0.036 |
2 | 100000 | 0.034 |
1 | 500000 | 0.025 |
1 | 2500000 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 66897 | 1 |
0.042 | 500000 | 2 |
0.044 | 700000 | 2 |
0.050 | 1010000 | 3 |
0.055 | 208000 | 1 |
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