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The future of the Panguna mine, page-25

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33,305 Posts.

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18/05/18

15:23

Post #: 33194686
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Originally posted by Danehill ↑

Great post VitaminD.

About time we saw something that perports to be independent, that really is, & not just a mouthpiece for BCL like that BusinessAdvantage crap. Puts some of the war in context & why anti BCL feelings run so deep.

Only comment I would make is that the conclusion the correspondent gives in your last post
is not necessarily the final outcome of this situation. I still maintain that the 'locals', & that includes landowners & governments, will end up with near enough to half of this project. And considering the investors in the other half will have to stump up all the billions that will be required to fully ressurect the mine to its full capacity that seems fair to me. Given that, while all 100% will participate in the company dividends, the 'locals' will also be getting taxes, royalties & land access rent as well as owning half the mine outright.

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be a nice outcome 50:50

shame they cannot do it themselves
ooopps

RTG Price at posting: 12.0¢ Sentiment: None Disclosure: Not Held
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