Not sure if that's the AFR article in the papers over the weekend.
If it is, there's a few interesting things worth mentioning in the item:
- current MD of BOC says mine could be re opened for as little as $300m
- mine is still very profitable with robust grades, is one of the world's top half dozen mines
- Chinese have been showing interest in the mine, even before the Ramu project in PNG was bought into by them
- Rebel leader Francis Ona appear to be softening his stance
- Newly elected autonomous government needs $$$ to pay for election promises
-Boc board says they are open for any negotiations re: the mine
and mentions a few negatives too such as tax dispute, billion dollar court case, etc
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Price($) | Vol. | No. |
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1 | 24491 | 0.415 |
1 | 4131 | 0.410 |
2 | 19192 | 0.390 |
1 | 3000 | 0.350 |
Price($) | Vol. | No. |
---|---|---|
0.430 | 58 | 1 |
0.435 | 209 | 1 |
0.450 | 28923 | 1 |
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0.470 | 8473 | 1 |
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