Pem have to confront the issue of costs. 5% a year plus the bonus pay will add 25-30 million in additional costs per annum. Fine if metal prices go up but they need to get act now or they will burn thru their surplus cash.
there is some unpleasant medicine for BH to be swallowed.
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Pem have to confront the issue of costs. 5% a year plus the...
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