Treated well today
Topped up at $3.37
Limit this time.....haha
Anybody with a bit of time want to
Have a go at working out how what shutting down
the Phillipines Operation would mean.
Costwise adding in they would be given
at least 3 months to shut down.
They would go flat out with the highest grades.
Would be interesting
Then there is the fact that companies have insurance
against political decisions.
My feeling is companies sign a confidentiality agreement.
KCN had a $200 million insurance in place.
After the mine shut down there was a take over bid
Nothing was said about the insurance.
Recently there was a bid to change management
and the insurance came out.
My guess is it cant be reported unless at least
Until a claim has been made.
Cheers
OGC Price at posting:
$3.38 Sentiment: None Disclosure: Not Held
