John Momis call on RTG..., page-5

First 5 Last

Share
Profile

Follow
whatsup

7,373 Posts.

51

13/10/18

11:02

Post #: 36112077
Share

Originally posted by blackskinpla ↑

https://postcourier.com.pg/travel-ban-australian-miner/

October 12, 2018
AN official travel ban has been placed on Australian miner RTG Mining’s executives and board members from entering PNG, especially Bougainville.

The PNG Immigration and Citizenship Authority issued the ban on October 3 following concerns expressed over stet activities in the troubled Panguna mine area raised by the Autonomous Bougainville Government.

This is the latest move in a spate of ongoing internal controversies which landowner factions there are involved with some supporting RTG and others Bougainville Copper Limited. The ABG’s stance however is rooted over what it claimed was RTG’s defiance of the Bougainville Mining Act having bypassed it and operating in the Panguna area under the blessings of the elusive rival group Mekamui. Official documents show the matter boiled over when a September 6 session of the Bougainville House of Representatives was delayed for hours when RTG counter-invited some of its members to attend a power point presentation in its plans for Panguna.

The House could not sit for lack of quorum because some of its members attended the presentation at the nearby Kuri Lodge on Buka Island.

The next day President John Momis in an official address to the House condemned the actions of RTG saying it was blatant disrespect of the Bougainville people and the peace process.

He told the House both BCL and RTG were fighting for control of Panguna “thus creating instability and putting at risk the peace that all Bougainvilleans have worked hard to achieve in the last 18 years”.

Mr Momis said RTG was only a mineral exploration minnow and according to ABG’s due diligence the company did not own any mines and was facing litigation in the Australian and the Philippines legal jurisdictions.

Expand

What is their crime ?

RTG Price at posting: 11.5¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

There are more pages in this discussion • 1 more message in this thread...

First 5 Last

Add RTG (ASX) to my watchlist

(20min delay)
Last 3.0¢		Change 0.000(0.00%)		Mkt cap ! $46.65M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
2	160000	2.9¢

Sellers (Offers)

Price($)	Vol.	No.
3.1¢	291568	1

View Market Depth

No.	Vol.	Price($)
2	147828	0.038
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

Last trade - 13.28pm 03/12/2024 (20 minute delay)

RTG (ASX) Chart

Day chart unavailable

John Momis call on RTG..., page-5

Top Stories

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

Buyers (Bids)

Sellers (Offers)