Over a year ago, SP discounted the Value of Didipio mine, dropping from about $5 to $3, and has since been put a heavy weight down re the overall performance of the stock. Meanwhile big expense on maintenance and care incurred.
Now it's justifiable to have a rerate of the stock.
Treat it as a bit of blessing in disguise, some of the gold underground wasn't being sold at lower prices.
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- Ann: OceanaGold Comments on Didipio Mine FTAA Renewal Progress
Ann: OceanaGold Comments on Didipio Mine FTAA Renewal Progress, page-30
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