Ann: OGC Applies For Injunction To Ensure Continued Operation, page-19

I think if they renew their licence which would be silly on the Philippines government not to renew to given the price of gold and what OGC is contributing in taxes and other social spending than this will be ongoing battle in that country.

They have already doubled mining tax in 2018 and I've read somewhere that they want even bigger slice. Probably its not a bad thing as they will have to be more friendly towards miners once they contribute more to the country tax system.

Extract ------------------

"MANILA, Philippines — The group representing the country’s biggest miners warned lawmakers yesterday that the planned imposition of higher taxes would kill the mining industry.“ At present, we are paying a four percent excise tax. If you impose an additional five-percent royalty, plus local taxes, the total would be close to 12 percent. That will kill the industry,” Chamber of Mines of the Philippines (CMP) Gerard Brimo told the House Ways and Means Committee. He said a 12-percent tax would be the highest in the world a country could levy on its mining sector.

https://www.philstar.com/business/2018/09/27/1854933/12-tax-kill-mining-sector-says-top-exec

This is only in my opinion, not offered or to be taken as financial advice, do your own research.