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The new PNG govt.
#1
Think Jonleba has it about right:
["Posted MSN Phillipine News: Betha Somare just released a press release on behalf of her father. " PM Michael Somare will immediately form a new cabinet. The restored cabinet will not consist of ministers that have defected and they will be decommissioned. Goodbye Duma. For us investors morally O' Neill was the best. But Somare can move approvals and push bureaucrats better and faster. The majors understand political upheaval and revolutions, SD will not be affected at all, most majors bidding have already done business with Somare, they know what his rules are. Phil is probable having breakfast with Michael right now."]
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_I/threadview?m=te&bn=26290&tid=312135&mid=312135&tof=7&frt=2#312135

Having said that, I'm a bit wary about Arthur Somare, I vaguely remember him being in the Exxon/OilSearch camp, but perhaps with that now well under way, this might no longer be problematic.
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Messages In This Thread
[No subject] - by admin - 12-13-2011, 02:12 AM
[No subject] - by Palm - 12-13-2011, 02:27 AM
[No subject] - by admin - 12-13-2011, 02:39 AM
[No subject] - by Palm - 12-13-2011, 02:48 AM
[No subject] - by Bincbanker - 12-13-2011, 03:43 AM
[No subject] - by Tree - 12-13-2011, 04:25 AM
[No subject] - by admin - 12-13-2011, 05:59 AM
[No subject] - by Tree - 12-13-2011, 06:46 AM
[No subject] - by admin - 12-13-2011, 10:48 AM

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