Glutten's analysis is good but focussed on short term.
I was in Ghana at time of NMG's 2009 announcement and have followed its efforts closely. I even began warning the MD of risks that have been omitted from ASX announcements.
Having good Ghana knowledge and mining experience, RSG should be ready and able to learn from NMG's errors. Unless its due diligence was better than most, Z will need much more time to earn from NMG's errors.
In the medium term RSG is likely to quickly get locals on side and re-start mining in the main pit, something NMG has been avoiding since the beginning! Z are likely to get locals off side.
Whether re-started mining in the main pit will lead to more pit wall failures is a longer term question but again RSG has relevant experience.
Glutten's analysis is good but focussed on short term.I was in...
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