"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
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Being a developing country, Bolivia?s cost of operations will be low. The 280-strong
workforce is expected to cost the Company only ~US$1.5m per annum.
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So yes a couple of million US$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 !
significant upside, page-15
Currently unlisted. Proposed listing date: WITHDRAWN
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