Look if you are worried about sovereign risk then get out of tiger.....
im not saying it doesn't exist, and if you are a pensioner, or can't afford to lose the investment then stay out. But really the elections are going to be a rubber stamp for jkabila. The opposition are in turmoil, and couldn't even organise themselves a couple of weeks back to maintain a coordinated general protest. The questions is did Tgs grease the right wheels or not. If not the sale gets cancelled and we are fully funded to do both phases 2 + 3 which to me is just fine, in a weird way I'd prefer the sale to be knocked back and the mining permit in Lupoto to be approved.
My bet, is completetion will be delayed, the mining permit approved after, and phase 2 contract awarded may 2015 to be completed sept 16, Taurus untouched. Gltah
TGS Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held
