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Going long, page-113

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14,954 Posts.

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30/08/15

16:43

Post #: 15901533
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Originally posted by HappyCats ↑

A reasonable thought 1For, but possibly not. I think over the years Red have done an exceptional job of identifying all the problems, and some, at Siana and it's probably not just the shareholders who have noticed. Not that Philex are strangers to catastrophe and adversity. Also there is a big scary mining tax proposal supported by the President that if it were to happen (which it won't) will further kill off the surviving operators - so even though it won't happen the shadow of it might hold back M&A until it gets resolved. But contrary to that opinion, during the rout, on the island of Mindanao, the Filipinos have taken their opportunities to pick-up Tampakan, King King and T'boli from foreign hands. So I can't completely write off your suggestion 1For.

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happycats any chance you can email me at [email protected]
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0 Great analysis

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