What nonsense, a company's pedigree is not based on it's shareholdings
Phillip prefers RTG to develop Panguna, whose management he trusts, whose management have run 7 mines in 5 countries, including a $1.2Bn deal to B2Gold, whose major shareholders are collectively worth $30Bn+ and have pledged funding for the project, who have won multiple environmental awards in the Philippines for their community and environmental work etc
I think the shareholdings of BCL is irrelevant. It comes down to what the landowners want, as at the end of the day, they own the minerals beneath and can chose who mines their land
Why should BCL dictate to SMLOLA who will mine their resource ?
BOC Price at posting:
29.0¢ Sentiment: Sell Disclosure: Not Held
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