GNX 0.00% 27.5¢ genex power limited

Not lead but they do have to carefully manage any water quality...

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  1. 139 Posts.
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    Not lead but they do have to carefully manage any water quality that might overflow out of the pondages in the wet season.
    Being an old mine all sorts of stuff(metals) leaches out of the walls, then accumulates/concentrates in the pondage. And while flocculation and various blah blah can clean up the water can cause the dissolves metals to precipitate stuff like that all costs money. So its worth it to minimsie it that without going all Ok tedi mine and being a corporate villain like the big guys of industry are all too often.
    As shareholders we don't have much risk of our companies being bad guys, as good will from regulators etc is oo valuable to us to be bad boys. We are not the kind of 500lb gorilla that feel they can (then do) get way with that kind of stuff. Also our Board are (TBMK) basically nice guys with pride in their work and achievements.
 
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