A1M 3.17% 30.5¢ aic mines limited

tb, paloh and foreign ownership changes

  1. 103 Posts.
    I wonder whether there are any plans for Surya Paloh to convert to direct ownership in TB in the future....Be great that even during this frightening episode they could keep their cool and come up with a way to address the short term whilst keeping an eye on the long term also - and take it off the future 51%....

    Or if Paloh really is interested in an indo based resource house - taking on some of the direct project ownership as well as the IAU holding....

    I know Barney that you email Brad regularly, maybe next time you drop him a line you could ask whether there is any play here to address the longer term divestment / foreign ownership issue. If we've got to resort to pulling in local heavies to get things straightened out may as well take it off the future 51%.
 
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