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They recognise that the most important ingredient in building a succesful company is management. Less than 10% of junior mining companies are successful. The skills required to find a mineral resource are different from those required develop it and then a different set of skills are required to operate. Understanding the complexities is vital to success. Lions Bay is not a passive investor and is prepared to intervene if necessary to ensure appropriate management is in place with a plan that it can execute.
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