Hey Squash,
When they (Philippine's) allow the Chinese to come in and export unprocessed high grade class 1 nickel (basically pay) in tonnages that make the eyes water, to the extent they manipulate and devalue the international metal price to loss making below production cost levels in a cash grab.
THEY DESERVE WHAT THEY GET.
I am quite happy that the mines are now starting to either run out, or run thin on reserves, prompting a review.
The Pilipino government are waking up to the stupidity of their policies and about time. I hope they enforce onshore processing as well.
They can only sell it once and to export bulk dirt for processing offshore is the height of stupidity IMO.
Take heed Australia.
Indonesia, Philippines, PNG, DRC are all falling for the trap, and guess what, China won't say thank you, they will just move on leaving them floundering.
Its actually to our benefit and I sincerely hope we are in the end game when it comes to financing Ardea's Goongarrie project
RED
- Forums
- ASX - By Stock
- Pertinent market/industry news/articles
Hey Squash,When they (Philippine's) allow the Chinese to come in...
-
- There are more pages in this discussion • 3,345 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARL (ASX) to my watchlist
|
|||||
Last
50.5¢ |
Change
0.025(5.21%) |
Mkt cap ! $100.8M |
Open | High | Low | Value | Volume |
49.0¢ | 52.0¢ | 48.5¢ | $19.80K | 39.06K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2464 | 50.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
52.0¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4 | 0.480 |
3 | 20212 | 0.465 |
1 | 2000 | 0.460 |
1 | 2000 | 0.450 |
1 | 2222 | 0.440 |
Price($) | Vol. | No. |
---|---|---|
0.540 | 50950 | 1 |
0.560 | 15000 | 1 |
0.595 | 6009 | 1 |
0.605 | 4789 | 1 |
0.620 | 3225 | 1 |
Last trade - 15.59pm 28/06/2024 (20 minute delay) ? |
Featured News
ARL (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online