Hmmm... he appears in this story:...

Hmmm... he appears in this story:

http://www.copyright link/p/busines...les_from_the_png_hills_MrjsmoSDqUP7iFhiV5HTrI

And the uphill battle for IDC in their negotiations with the Landowners looks rather expensive (see excerpt below) - maybe this is just too much of an obstacle to a company in need of more funding anyway...?

"The potential difficulties facing Indochine in developing the mine are evident from the latest report to creditors by the liquidator, James Kruse of Deloitte in Port Moresby.
Kruse released an update to creditors yesterday which showed that the landowners obviously believe that they are owed a lot of money for actions by past owners.
Kruse said that while commercial suppliers to EL1093 have made claims of 5.4 million kina ($2 million), the landowners both individually and as groups have made claims totalling 2.6 billion kina.
Kruse said he will be processing these claims by seeking further documentation. As an aside, Kruse confirmed to the Financial Review that he had dealings with Promnitz during the negotiations over the sale of the Mt Kare project as a representative of Kingsgate."