SRR 0.00% 3.7¢ sarama resources ltd

Ann: Update on Status of Tankoro 2 Exploration Permit, page-25

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  1. 366 Posts.
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    Sorry to burst your bubble but while Aussie & Canadian companies have an excellent reputation for their mining processes, ESG etc Wagner is a proxy group for the Russian state which on par with Australian in terms of gold production and thus they have the experience and expertise to be able to mine these assets. The geologically isn't overly complex and they will just get in there establishing an open pit mine and strip out what they can. It would not be as optimised as we would do it but it they will have a viable project. If you think the Chinese, Russians and Indonesians do things with the same rigour and processes as we do you are the one in fantasy land. Our proposed way forward on this was not overly capex intensive.
 
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