Nickel-Laden road beds

Nickel-Laden road beds
A cooperative mining project - in a reality of people, their struggles and their loves . .

Thursday, February 16, 2012


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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