The long awaited meeting will take place. ABG President MOmis and his delegation are on the plane. After the last cancellations the share price dropped. The JSB is important step towards the BCA review which is key for the reopeningof the panguna mine.
ABG President John Momis and his delegation left Buka this morning to attend the long awaited Joint Supervisory Body Meeting in Port Moresby this week. This will be the second JSB meeting under ABG President John Momis since taking office at the President in June last year. The meeting would discuss issues affecting Bougainville and other matters of importance. Tomorrow the technical team will meet before the meeting which is scheduled for Wednesday this week. New Dawn FM understands that the most pressing issue now on the ground is the outstanding Fifteen Million Kina which the National Government continues to delay the payment to the ABG.
BOC Price at posting:
$1.71 Sentiment: ST Buy Disclosure: Held
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(20min delay)