I’d have liked to hear there were formal scheduled targets for the development of Batangas by the new operator, rather than him saying we’ll ‘chase them up if slow’. And if the Koreans are so supportive where’s the blinking permit. Gold being produced by year end sounded good though. We obviously need real action now, but fingers crossed for obtaining the permit shortly.
Looking to enter, but thought the reference to the Asian customer destocking sounded a bit vague. A one-off event to reduce current holdings or a total run down and no further orders?
Nice video. A tidy site, decent plant and overall it doesn’t look like they think they’ll be off any time soon.
Good news. Particularly as I added on the drop yesterday..!
I find it amazing that the NHS behemoth still operates in hundreds of silos - particularly regards procurement. That so many bits of the organisation are potentially individual purchasers of the same system is nuts, not to mention downright inefficient and wasteful. Presumably that’s good for the supplier, though!
Unfortunately I think the company will collapse in the not too distant future, maybe with their USP product lines being bought up for loose change. The main thing that scuppered the deal was surely the sp halving from the time of the announcement, meaning the cost in shares would double to achieve the same purchase valuation. Junior school negotiators…
Never thought I’d have a buy order in for 2.85 and think I stood a chance of it succeeding over the next couple of days, after such news as today. Crazy situation which adds to my increasing doubt about investing in O & G.
Comment by Align Research..
http://www.alignresearch.co.uk/bluebird-merchant-ventures/announces-jv-with-filipino-mining-group-to-develop-batangas/
Well, I took note of the chief doomsayer and all-knowing one and left a buy order this am in the threes predicted, but come home tonight to find that was total pie in the sky! Absolute *******s, and I got fook all. Most disappointing. .