Mabilo issues will likely be resolved however patience will be required. World class management have obviously indentified two new quality projects with huge potential outside of the Philippines which will clearly re-rate the stock -especially from this low market cap. Exciting.
The JV partner at Mabilo will have no leg to stand on with legal arbitration given their obvious failure to meet their obligations. Now we will revert back to 64% of the JV, owning even more of Mabilo.
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