BMB 0.00% 2.5¢ balamara resources limited

if you're only hanging on for togo...., page-6

  1. 1,382 Posts.
    A lot of emotion here based on one semi-interpreted article about health concerns..... show me one mineral resource be it mining or processing that doesn't attract some level of negative sentiment.

    Personally I think there is a lot of ill-informed speculation about the progress of the Togo bid. I recall one poster some time ago saying it will take 35 days to evaluate the tender because that's how long it takes!!!

    The influence of the IMF is significant in ensuring rigourous governance of the process... gee why would the IMF be involved in the economic development of a poor country.... what could it possibly contribute to the worth of the final tender outcome.....

    well how about the fact that Togo completed its IMF Extended Credit Facility in 2011 and reached a HIPC debt relief completion point in 2010 at which 95% of the country's debt was forgiven..... yes that's correct 95%!!Togo continues to work with the IMF on structural reforms because it will provide the basis for further foreign investment and improve the financial, economic and social fabric of the country. I think impatience about the tender in the absence of consideration of the macro environment and the complexity of the processes involved is perhaps a little short sighted.



 
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