Borneo Resource Investments Ltd (OTCMKTS:BRNE) reported that it has concluded the development work of new website and can be accessed now on the URL www.borneoresource.com. The CEO Nils Ollquist said that the last six months have been chaotic period for both company and its investors with considerable changes to business.
The new website has been developed to deliver a concise and clear picture of the ‘new look’ following the reorganization and restructuring procedure performed during this period. Borneo has refined its mission as an “ecologically sensitive gold producer.”
Borneo’s CEO further added that the management believes the new mission statement provides a clear benefit in environmentally sensitive segment of operation. The emphasis is on developing relationship with regional and local authorities in Indonesia so as to improve operations and build its position as a vital part of the local area. For the purpose, the company is creating highly focused and sustainable business which will result in maximum return for company’s shareholders.
Mr. Ollquist said that they expect that visitors to Borneo’s new website will get a clearer picture of the remarkable opportunity. The company have to build its business in association with Southeast Asia’s most vibrant economy.
Borneo Resource Investments Ltd (OTCMKTS:BRNE) is a mining firm that mines gold and works on producing gold mines and coal mining assets in the Republic of Indonesia. The current assets cover three gold properties. The cash flow-generating investments in lucrative gold assets help fund Borneo’s investments and operations in gold. It develops longer-term, high value savings in thermal “coal concessions.’ Borneo presently owns one coal concession in Indonesia, which is the eighth largest gold-producing country in 2012.
In last trading session, the stock price of BRNE declined more than 16% to close the trading session at $0.00330. The decline came at a share volume of 12, 62 million compared to average share volume of 1.71 million.