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 -...
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Last
44.0¢ |
Change
-0.015(3.30%) |
Mkt cap ! $1.524B | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 47.0¢ | 44.0¢ | $19.28M | 43.41M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 3240015 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 628129 | 5 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
44.0¢ |
Change
-0.015 ( 2.98 %) |
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| Open | High | Low | Volume | ||
| 46.5¢ | 46.5¢ | 44.0¢ | 14030740 | ||
| Last updated 16.01pm 07/06/2024 ? | |||||
| RED (ASX) Chart |