ETM 6.25% 3.4¢ energy transition minerals ltd

Compensation Fund

  1. 4,477 Posts.
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    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.
 
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