PSL Holdings: (The Edge) Focus is on small mines, with 5 full-time staff in Indo and is working with various agents, geologists, engineers and consultants to source for mining opportunities, although concedes that returns will not be immediate and shareholders need to be patient.
On recent Coal ruling in Indo regarding foreign ownership, cite that new rules may bot have a significant impact on PSL, as small mines tends to have shorter life span. Meanwhile, grp has no plans to forsake or slow down its construction business.
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