All has gone silent on this site lately ? This company is following a familiar path that has been taken by other Philippine companies. We know that some many months ago now Duterte lifted a nine year old ban on New mines. It was anticipated that a flurry of new mines ( 31 ) would be started. However checking online i can see no evidence this has happened the fact is those are still stalled waiting finance, which seems unlikely will come.
King King looking for USD 2.2 billion, Silanga needs USD 1.billion then Tampakan 5.9 billion Far South East stalled etc
These are all now Philippine controlled and those companies dont have access to that sort of money the only ones going ahead are Oceana and B2 Gold TSX and ASX companies with strong track records. CLA has now fallen to 2.5 c so what the hell will any SS or whatever do for this??? They seem to be pumping out shares and will end up in the same position have a resource but cant develop it. Something needs to change.
All has gone silent on this site lately ? This company is...
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $29.13M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $3.058K | 245.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 748336 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 2880254 | 5 |
View Market Depth
| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| CLA (ASX) Chart |