Well, yes - so all of them tanked less than OGC.
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Well, it sure is ... IF they are squeaky clean and IF they manage to get on the right side of the people in power.
Re environmental issues - I think that OGC clearly belongs to the better miners in class. Whether this means that they are squeaky clean - I don't know.
Re getting into the good books of the people currently in power ... given that the current government seems to make up the laws as they please, am I not quite sure whether this is a process they have under their control.
I guess it is just bad luck that they operate their flag ship project in the Philippines under a vigilante like Duterte. I certainly hope that they manage to find an acceptable arrangement with the government, assume however that this will (even best case) reduce their margin one way or another.
I suppose that's what the markets think as well.
http://www.manilatimes.net/suspended...rd-mgb/290354/
OCG is shortlised for an "environmental awards"...this would definitely help with the decision from DENR...:t_up:
And a reasonably positive update to the market today: https://www.nzx.com/files/attachments/246124.pdf
Nice to see a little bit of good news.
Encouraging news today and a credit to this well run, growth mindset company. Good stuff!
https://www.odt.co.nz/business/ocean...mpliance-costs
delisting from NZX - another gonnnnneeeee.....
So the delisting from NZX is a curveball.
Rationale makes sense. Emotion can take over at times though.
May have to start a new OGC thread on the ASX...
Those mid year political dramas regarding Didipio seem like distant memories now....
http://www.businessmirror.com.ph/201...or-oceanagold/
2017 is shaping up nicely now.