The Explanation attached to the accounts filed by the company have not included the fact that the new Mining Law 2014 was passed last Friday resulting in a massive change of circumstances for all stakeholdrs on Bougainville.
Why hasn't the company disclosed this fact to the market?
Hard to imagine a clearer case of requiring immediate disclosure. I tried to buy stock in the market on Friday after the law was changed but there is almost no stock available and there is little change in price.
I think there would be a change in price if the company disclosed that it has had its SML and EL's cancelled.
The Explanation attached to the accounts filed by the company...
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Last
62.0¢ |
Change
-0.020(3.13%) |
Mkt cap ! $248.6M | |||
| Open | High | Low | Value | Volume |
| 63.5¢ | 63.5¢ | 61.5¢ | $13.99K | 22.49K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5353 | 62.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 69.5¢ | 6000 | 1 |
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| Last trade - 12.51pm 08/08/2025 (20 minute delay) ? |
| BOC (ASX) Chart |