170317MOMIS SUPPORTS SHARES DISTRIBUTION
By Aloysius Laukai
ABG President Chief DR.JOHN MOMIS says that since RIO TINTO transferred shares to the ABG and the National Government, the ABG and the landowners now view BCL as not the devil we know but the devil we won.
The ABG and the landowners will now have to take advantage of this scenario and work out a positive strategy for an outcome that will be equitably beneficial for all stakeholders especially the landowners.
The ABG and the landowners have also committed to addressing the immediate challenges to progressing the Panguna project and looks forward to working in partnership with BCL through the project development cycle.
During discussions held this week between the BCL and the ABG, the two parties reaffirmed their commitment in which a way forward can be agreed for the immediate addressing of the BCL proposed development of Panguna.