@cordingup (can't quote your post because of bug)Martin was a...

@cordingup (can't quote your post because of bug)

Martin was a director with Carmen Copper Corporation which restarted the mine and was later bought out for $368m by Atlas (and he became an Atlas director).

The point is that he has experience operating in the Philippines and a proven record. Mine accidents are very unfortunate but they do happen, even here in Australia. Yes, varying levels of competency involved.

If you're going to back someone to progress a project from exploration to development in the Philippines, it would have to be Martin. He's very closely connected to financiers in Singapore, UK, etc. Knows how to operate within the Philippines and assuage investor concern regarding jurisdictional risks.

Share price can be fickle, I'm not going to judge his tenure so quickly based on share price. They've renewed permits for MCB/Sagay (navigated indigenous matters well), they've delivered on the scoping study and the assays are looking good. I think he's done well so far.

I'll be looking to see what he does with Opuwo and what value he can extract for shareholders to avoid dilutive raises and contribute funds towards feasibility studies for MCB.

Re Philippines, I wouldn't undermine the value of relations on the local provincial level too. As you've stated, hopefully we get a positive outcome with the election and a victory for Bongbong, which would hopefully see the economy take a positive trajectory for mining projects and foreign investors.

I think the Philippines can and ought to take advantage of the shift to far left socialists in South America who are targeted the mining industry as a scapegoat for all societal ills.