Numa Numa Resources, Inc.

Numa Numa Resources, Inc. is an exploration and development stage mining company operating in the Autonomous Region of Bougainville, an autonomous region of Papua New Guinea. Bougainville is famously home to the Panguna Mine, one of the largest known copper/gold deposits in the world, which has lain dormant since Bougainvilleans fought for their independence from Papua New Guinea starting in 1989. Now on the verge of independence and in need of mining revenues to fund the final step, the Autonomous Bougainville Government and the landowners of the Panguna Mine and other equally prospective areas have selected Numa Numa Resources, Inc. as their development partner to both restart the Panguna Mine and develop the local infrastructure and other prospective areas of their country.

Management Profile

John D. Kuhns, Chairman and CEO

Mr. Kuhns is our Chief Executive Officer, Chairman and a Director. Mr. Kuhns has been working with Numa Numa Resources, Inc. and its predecessors since 2016 and is a member of the Board of Directors of each of our subsidiaries. Mr. Kuhns has founded and led five previous companies involved with the infrastructure development business from formation to maturity, including most recently China Hydroelectric Corporation, the largest foreign-owned electric power company in China, which was listed on the New York Stock Exchange. He has also founded and led three Wall Street investment banking firms registered with FINRA as broker dealers and registered investment advisors. Mr. Kuhns received his undergraduate degree from Georgetown University in 1972, where he was captain of the varsity football team and is a member of the University’s Athletic Hall of Fame; a Master of Fine Arts from the University of Chicago in 1975, where he was also an undergraduate teaching assistant in sculpture and drawing and the art critic for the Maroon, the university’s newspaper; and an MBA from the Harvard Business School in 1977. Mr. Kuhns has also authored the following novels: “They Call Me Ishmael,” “China Fortunes,” “Ballad of a Tin Man” and “South of the Clouds.”

Shad L. Stastney, Vice Chairman and COO 

Mr. Stastney has worked with the Company since 2021, and is currently Vice Chairman of the Board of Directors and Chief Operating Officer. Mr. Stastney graduated from the University of North Dakota in 1990 and the Yale Law School in 1994. After practicing with Cravath, Swaine and Moore in New York, Mr. Stastney joined Credit Suisse First Boston, where he ultimately served as a Director and Head of the Hedging and Monetization Desk. Mr. Stastney then co-founded Vicis Capital, an alternative asset manager with peak assets of $6.8BN, where he worked until its wind-down in 2014, subsequently managing a multi-family office with his former partners. He has served on many public and private boards of directors and as an officer in many public and private companies, including Age of Learning, Inc., China Hydroelectric Corporation , OptimizeRX. and Seecubic.

 

What are your key goals for the next 3, 6, and 12 months?

3 months

Over the next 3 months, in partnership with the government of the Autonomous Region of Bougainville and the landowners holding the mineral rights, we expect to finalize a mining partner and plan for the redevelopment of the Panguna Mine.

6 months?

Over the next 6 months, we expect to undertake both the initial steps towards restarting the Panguna Mine and to better define the size of the opportunities for the other key prospective areas in Bougainville, where we also have existing written partnerships with the relevant landowners.

12 months?

Over the next 12 months, we expect to undertake a significant public or private equity raise and/or public listing.

 

What do you think makes your company such a compelling investment?

Bougainville contains both the largest known and currently unmined deposit of copper and gold in the world in the Panguna Mine, as well as other prospective regions that most geologists agree could each equal or rival the Panguna Mine. By being on the ground in Bougainville for the last decade, we have gained the trust of the people and the expertise to create a solution that works for all parties, unlocking this vast potential not only in mining, but all its commercial resources That, together with our currently very attractive valuation, makes us a compelling investment.

What are your corporate activities?

We are currently focusing on convertible debt/equity raising, seeking mining partners and matching funds for mining partners, and ultimately listing.