potential issues at Mine Project:
issues
|
solutions
|
actors
|
timetale
|
use of port requires prohibitive costs
|
short term use of bolitoc port, sta cruz Zambales
for 1 year and the long term solution is to erect a new one at candelaria in cooperation LGUs |
Intertech & partners
|
1 year – 2 years
|
poltical uncertainty
|
“political risk" are being worked out with local governments and stakeholders
|
b.i. ballug
|
For the entire duration of the project
(1-5 years)
|
peace and order or security threat
|
security guards & cooperation with civil and police agencies
|
pnp region 3 & private security forces
|
Prior to mobilization and for the
duration of the project
|
public relations
|
public relations program
|
all officers
|
Entire duration of the project &
thru out Company operations
|
Investment priority
|
potential investor may invest in machinery and cash
|
Board approval
|
January 2012 only
|
type of investment
|
2-parts:
1ST – invest in mobilization of PHP11.5 million pesos
2ND - invest in buying 40% of company for PHP128.5 million pesos
|
Board approval
|
Feb 28 2012 up to March 8 , 2012
|
BOI application
|
tax exsemptions and perks
|
Company
|
summer of 2012
|
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