In my opinion if the company was to be granted its ML a condition of establishment should be the creation of an Independent Compensation Fund.
A % of initial development funds and a % of all ongoing annual profits would be accumulated in the event of unforeseen events such as dam disaster, toxic contamination of environment, medical compensations and relocation of civilians to name a few.
An amount of x million of dollars should remain in the Fund until all risks associated with the Mining are reduced.
Opinions welcomed.
Compensation Fund
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Last
3.6¢ |
Change
-0.001(2.70%) |
Mkt cap ! $50.40M | |||
| Open | High | Low | Value | Volume |
| 3.6¢ | 3.6¢ | 3.6¢ | $3.978K | 110.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 214714 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 8331 | 3 |
View Market Depth
| Last trade - 13.24pm 01/05/2024 (20 minute delay) ? |
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Last
3.5¢ |
Change
-0.001 ( 5.41 %) |
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| Open | High | Low | Volume | ||
| 3.6¢ | 3.6¢ | 3.5¢ | 51218 | ||
| Last updated 13.24pm 01/05/2024 ? | |||||
| ETM (ASX) Chart |