I reckon Covid restrictions are preventing ore trucks going over various borders and into port areas. Truck drivers need to go into quarantine etc
Also Aust is listed as a yellow classification and not a green classification. The chief operations officer should already be in Philippines - hopefully.
combine the above with the pending decision from Philippines court on setting aside order, plus the May elections, Justine is walking a tightrope. She’s pretty good on the monkey bars.
i do not think they want to commence drilling until settling aside order is known. Finding an honest man in Philippines, be it a judge, is too difficult. There is too much $$$ at stake. Mabilo is a potential billion dollar company. Many multiples on our investment.
it’s good that B2 is a major shareholder.
Rtg would also be watching the federal opposition stance on open cut mining. Hopefully it’s pro mining.
quarterly out on Monday
no further word on the meeting to approve the new shares. It’s supposed to be around 9 February.
I still reckon a further CR to all SH may result - 20 % chance
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