Indeed probably good news for most Philippines based miners - however I think it would be unwise to assume that it will be "back to the good ole days" with Lopez's rejection because Duterte himself is anti-mining.
Will be interesting to see if the market starts pricing in receiving approval for the tailings dam just on this news alone...
Personally I think that wold be unwise, but once they get the approval RED looks like a cracking buy (but not before).
Indeed probably good news for most Philippines based miners -...
Add RED (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
42.8¢ |
Change
-0.003(0.58%) |
Mkt cap ! $1.489B | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.5¢ | 42.5¢ | $561.8K | 1.303M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 704535 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.0¢ | 302018 | 36 |
View Market Depth
| Last trade - 10.43am 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
42.8¢ |
Change
-0.003 ( 0.37 %) |
||||
| Open | High | Low | Volume | ||
| 43.0¢ | 43.3¢ | 42.5¢ | 1126573 | ||
| Last updated 11.04am 03/05/2024 ? | |||||
| RED (ASX) Chart |