Picture taken from www.kogingyi.blogpsot.com
သုိ႔ပါေသာၾကာင့္ D4B ၏ ေရွ႔လုပ္ငန္းစဥ္မ်ားတြင္ John သည္ အဓိက Target ျဖစ္လာႏုိင္ပါသည္။
ႊThanks for Marie Bout
Taken from “Junior miners pine for partners but investors aren't listening” Nov 17, The Australian
“Atlantic had been involved in pearl farming in Burma -- that must have seemed like a great idea at the time -- but ended up in administration. The mess was sorted out by bringing in a new board and handing over the pearl operations to the former main shareholder in return for $9 million in debt owing to him being written off, with Atlantic retaining an off-take deal for pearls.
Apart from the obvious drawbacks of trying to do anything in Burma, it has been hard to get skilled workers because no one can compete with the oil and gas explorers when it comes to wages. In addition, growing pearls requires a lot of running about in boats and diesel costs have soared. Then there is the problem that sales of pearls in Japan have plummeted.
Atlantic has been recapitalised with a new board under Perth businessman John Hannaford, who also sits around the directors' table of two juniors with US energy plays -- oil explorer Emerald Oil & Gas (EMR) and coal play Bathurst Resources (BTU).”
WA Media Officer for
Senator Scott Ludlam and Senator Rachel Siewert
Australian Greens Senators for Western Australia
Tel: 08 9225 5799 | Fax: 08 9225 5599