“…One of his many statements, issued six months before the tragedy – said it was mining activity like Pike which could lead the nation to a brighter future.
“New Zealand is borrowing $250 million per week as we cannot pay our bills,” he wrote in a three-page letter to investors regarding debate over the Government’s proposal to look at mineral exploration in conservation land.
We cannot continue like that if we want to avoid being the Greece of the South Pacific.
We are leaving a massive debt for our next generation to pay back.
That does not seem fair to our kids and grandkids.”
Ward urged investors they could “do something as a nation” to increase mineral exploration in New Zealand.
“If the economic contribution from the mining sector could be doubled, that would be a massive win-win for the country,” he wrote.
“This is a realistic possibility…”
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