K92 Mining Inc (KNTNF)

[Edge83]

I agree Seek, that really caught my eye. You can tell they are doing a better job with the local communities as these have been their greatest potential weakness. I think that this should be a win-win-win-win for the locals, government, company and shareholders!

I also liked these sections:

"Total tax paid to PNG Government for the period, from payroll and corporate tax, would total US$300 million;"

"This ability to restart operations at Kainantu, move to profitable operations and then initiate a significant expansion of production in just over two years has been made possible in no small part by the support and assistance of the PNG Mineral Resources Authority (“MRA”), the Office of the Mining Minister and all levels of Government in PNG. Most important, however, has been the support of our Local Landowners for the operation; they are not only some of our most important stakeholders, but also make up the largest group of employees and are partners in many aspects of the operation.

We look forward to working with all of the stakeholders in the Kainantu Gold Mine to successfully complete this stage of development and move forward to the next.”