ASL 1.07% 94.5¢ andean silver limited

Ann: Response to ASX Price and Volume Query , page-14

  1. 27,446 Posts.
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    Cheers Q,Peter O'Neill is an accountant,with a commerce degree I think.

    O'Neill was educated at the Pangia Primary School, Ialibu High School and Goroka High School. After leaving school he was educated at the University of Papua New Guinea, graduating with a Bachelor of Accountancy and Commerce in 1986.[2][

    http://en.wikipedia.org/wiki/Peter_O%27Neill

    PNG just like Australia(politics aside),has suffered from Dutch disease.
    Had PNG borrowed their thirty percent US$600 Million from the Chinese it would have adversely impacted on their terms of trade and added to their indebtedness.
    If and its a big if, O'Neill funds PNG's governments thirty percent of Yanderra via the PNG-LNG project,it would be neutral as far as their terms of trade go.
    The PNG government will also have the cash to build more power stations.
    I still favour Thorium,as a power source(because its the cheapest), though I suspect O'Neill will tie Marengo into a gas deal,thus the PNG government cant lose(which I'm not entirely against).

    The big caveat Q on what Ive said,its all speculation on my part.

    Raider
 
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94.5¢
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97.5¢ 99.5¢ 94.5¢ $618.4K 637.9K

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2 6173 94.5¢
 

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Price($) Vol. No.
97.0¢ 48062 4
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