Momis gave the reasons why LO’s don’t want BCL in his last address
The only question relevant is “how long is indefinite”
Market professionals agree with me
https://www.google.com.au/amp/s/amp...um-on-panguna-mine-over-fears-of-civil-unrest
“Luke Fletcher, the executive director of an Australian-based NGO, Jubilee, said it wasn’t clear if the turnaround was “a temporary retreat or a permanent change of direction”.
“It could be they’re just biding their time for another couple of years, or they’re considering opening Panguna with other operators,” Fletcher said. “It does seem the intention is still to reopen the mine.”
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