Aureus Mining - Re: AUE Stream Log - Laurence, no I didn't. But...

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17:25 04/08/2016

Laurence, no I didn't. But there appears to be industrial unrest at the plant which should scare investors. This needs to be sorted out with the greatest of urgency. No doubt you saw what happened to Lonmin in South Africa, where the killing of miners led almost to the collapse of the company. The company was only saved by the the fact that debt was measured in Rand, which was so weak, that huge chunks of debt could be almost written off. It is essential, therefore, that mine grievances are sorted out as amicably, fairly and as quickly as possible. It is a mistake to try to fight the workforce, albeit lean, and is bound to have repercussions on gold poured. The Turkish consortium holding 55% of the shares would be well advised to make a statement and comment when they expect the first gold pour.

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