AGM Presentation6 Oct 2010 14:19
From AGM Pre 30/09/10 - http://www.tpjunction.com/news.php?newsId=88
Strategy
- Undertake financing in Q4 2010 to recapitalise company
- Continue to actively monitor the progress of the JV’s
- Maintain good communication with shareholders
- Examine the opportunities for acquisition of pre-development stage assets
- Target additional licence applications & new assets in South East Asia/PNG
Summary
- New board appointed, recovery strategy underway
- Highly credible & experienced management team now in place
- World class project potential in Papua New Guinea
- Supported by JV’s with three of the world’s biggest gold miners
- Strong and supportive shareholder base, including Newmont Mining (10%)
Notice Newmount Mining is a 10% Shareholder!
And I don't believe they have any issues with rolling finance as they have plenty comming in from GOA, Newcrest and Newmount