LNR 0.00% 0.3¢ lanthanein resources ltd

Ann: PNG Project Sale, page-100

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  1. 3,714 Posts.
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    From that announcement.
    Lole added the Government’s Connect PNG policy which included the road from Baikoidu to Tolukuma would benefit people from Goilala district.“The Tolukuma gold mine also needs this access road to improve the economics of the mining project and of course will unleash the economic potential of this region,” Lole said.
    As I expected the road will be completed which will greatly reduce the overheads of the mine and allow for heavy machinery to make it to our lease. I also notice they say the recent take-over. I was under the impression that this still needs to go to vote. Although it will go through no doubt, it is not a done deal yet according to the announcement. It is good that a native company will reap the benefit.

    GD
 
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