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Ah Di, this stock is not gold selling stock. This is gold mining stock. Gold price can go up like crazy but if this company cannot mining gold, where can get gold? Thats why this stock still cannot follow gold price. they need consistency in producing and mining gold every month 1st
Dragon, supposed to be operation as usual isn’t it if stop production announcements, Cause stop production or production is at risk must make known to public via announcements bah.
KOTA KINABALU: Kerajaan Persekutuan telah mengeluarkan satu Perintah Berhenti Kerja menerusi Ketua Inspektor Jabatan Mineral dan Geosains sejak 1 November 2023, namun Perintah ini tidak dipatuhi oleh Operator Perlombongan Emas di Tawau sehingga ke hari ini.
as i know bahvest not the company facing the license issue. And bahvest not the only one mining company in Tawau,there were alot of small mining company in Tawau. If the news mentioned is Bahvest facing this issue sure the price like direct drop into drain
Haiya Jimmy Lim, Southsea and wullersdorf resources are the only company there and both are under Bahvest. Right now there are conflict between state and fed policy.
From the conversations here, the company is facing license issue ; another thing is the company claim they producing 100 kg of gold per month , true ? If it is a genuine gold mining company without licence issue , it will follow gold price movement to go up like those much larger size gold mining companies in other countries…
Kevin Tam, the license is more on jurisdiction issue between fed and state. Thats why they say on license there is no issue with state. But still, they have to follow environment act