RE:Re:RE:RE:RE:RE:Didipio announcement soon?
Psych01. I agree with you that there is a good chance the FTAA will be renewed. I also agree that “… we're talking about a stream of money that Duterte et al need very much to say the least. “
I wonder, however, whether Duterte needs OGC to get his stream of money. The TFAA has not been renewed. Thus, on a legal basis the contract is over.
There are other capable gold miners who could take over the operation. Duterte does not necessarily need OGC to get his stream of money. Maybe he can get a higher percentage from some other firm. And maybe the delay in an announcement is because negotiations are going on with other operators.
I hope not, but I worry.