POS 7.69% 0.7¢ poseidon nickel limited

Just finished watching the press con by DENR Undersecretary in...

  1. 88 Posts.
    Just finished watching the press con by DENR Undersecretary in Philippines.

    20 mines will be suspended (30 in total including the previous suspensions). Below are the 20 that are to be suspended:

    Ligh – nickel
    AAmpihl – nickel
    AAmphil 2 – nickel
    Chrominco –
    Caraskal – nickel 4th biggest producer in ph
    Mark venture – 1 in top 5 nickel producer
    Philminera – one of biggest gold producer
    Stongville
    Sinosteel – small nickel mine
    Synergy – nickel
    Wellex - nickel
    Century peak – nickelr
    CTP construction and mining– major nickel mine
    Agata –  nickel
    Hinatuan – nickel
    Benguet corp – oldest mine
    Lepanto -
    oceanagold
    adnama
    SR metals

    I don't think I spelled some of them correctly but included in the list are big niockel miners. From the press con, the undersecretary stated that 55.5% of production will be lost (I'm not sure if this excludes the production lost due to previous suspensions).

    I'm doing this on the fly as I need to catch a flight so excuse me if there are any typos.

    GLTAH
 
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