BIG burrendong minerals limited - withdrawn

significant upside, page-15

Currently unlisted. Proposed listing date: WITHDRAWN
  1. 8,259 Posts.
    lightbulb Created with Sketch. 419
    "pretty sure it was only a few million dollars tops/annum for the 250 workers"

    Almost spot on there kozzie.
    Information the Investor Presentation announcement for March 2010 state this on page 11
    """""""""""""""""""""""""""""""""""""""""""""""""""""""""""
    Being a developing country, Bolivia?s cost of operations will be low. The 280-strong
    workforce is expected to cost the Company only ~US$1.5m per annum.
    """"""""""""""""""""""""""""""""""""""""""""""""""""""""""
    So yes a couple of million US$s should cover it.

    Now it is not just a simple matter of paying the workers a bit extra. There are a number of more complex issues to be handled there than just chucking a few extra greenbacks their way. Sure it helps but there are other things.

    Sometimes it doesn't take much for someone or a small group to get a bee in the bonnet about something just to argue the toss.
    Bit of tough love needed perhaps or a good arm wrestle !
 
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Currently unlisted public company.

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