Thasis answer, and latest news from Korea... Well Thasis, to make it short:
The truth. Followed by an action plan. Followed by communicating the action plan to the locals and keeping them in the loop as best as possible.
I really don't like seeing/relaying this kind of news considering my level of investment with this company, but
here it goes...
Here's a link to how the locals look at the situation:
https://www.kado.net/news/articleView.html?idxno=611789
There's been a deadline, I suppose, given by the 28th of this month whereby things need to get better, or things
are going to get a whole lot worse for Sangdong Mining. The situation, as viewed by locals seems to be
crumbling. A plan on how the mine will be financed must be communicated otherwise the local officials are prepared to make things very difficult for WOF.
Thus far, WOF had been pretty much given 'red carpet treatment'.... because the locals have been
promised a mine from that August, 2012 meeting. Perhaps too much was said in the excitement of
the times, at that meeting... or perhaps there was miscommunication. Don't know.
But given the history of the area, what the community went through with the mine and the mine closure
back in the 1990s... WOF must pull up their socks or be 'socked'... JMHO.
I remain 'long' but I have my eyes and ears firmly pointed at the Sangdong area right now and for the
time being.
Cheers?
I remain hopeful.