will this ever be mined, page-6

Also,

PNG is not particularly stable, though the same could be said for the rest of the world at the moment. But world instability raises questions about metal demand, prices and whether the Chinese will come through with funding.

Once the Chinese and PNG government are onboard, eveyone will get diluted by at least 50%, which will probably be further compounded by any institutional raising to fund mine construction. The level and or means of dilution is unknown. The mine is massive and can handle a large register but if it gets too large there are other risk reward opportunities that might be more attractive. Discovering another deposit in the region would make Marengo more attractive.

So high risk, high reward.