BP I would not fundamentally disagree with you comments at all.
OGC is basically a Kiwi run company, by New Zealanders who tend to be more environmentally conscious than a lot of other people, also they tend to be easy going and not so arrogant, and like to get on with other people. The Phillipines mine will be well run and the management well engaged with the locals, say in comparison if it was Chinese run.
Yes there is risk but I would hope that the fundamental practices are superior to any of the other mine operators, that the locals will be supportive and realise they cant afford to lose valuable jobs. As I said I think Mr Duck was going a little overboard.
Good to see the SP recovering..you cant keep quality down.
OGC Price at posting:
$4.68 Sentiment: Hold Disclosure: Held
