I would love to hear more in depth what Peter's game plan is. He has worked for ever in that part of the world so understands how people will be coming out of left field looking for pay offs, complaining about every conceivable thing there is because they are looking for "compensation". This word was the one I used to hear all the time when I was there. Everybody expects compensation for every thing even if it was their own fault. Makes out unions look really reasonable. He will need to manage community expectations. The deal itself is from my early understanding of it fantastic. But it will require his constant attention to make this into an economical mine again. If he can do that, if he can manage the people then this could be very profitable.
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- Ann: Heads of Agreement to Acquire 80% of Gold Ridge Mine/Project
Ann: Heads of Agreement to Acquire 80% of Gold Ridge Mine/Project, page-23
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