PSC 4.40% 8.7¢ prospect resources limited

4c Party Is here, page-421

  1. 24,192 Posts.
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    Sovereign Risk is a "real" issue in Zimbabwe ... See this from March this year.  Not saying this will happen to PSC and lithium ... but substantial Sov. risk should be factored in the risk equation for this stock.



    "...This issue is back in the Zimbabwean spotlight after the country’s president, Robert Mugabe, announced that the government will take over all diamond operations. His move came soon after the government failed to renew mining licences. Private mining companies were ordered to cease operations, leave their equipment and vacate their premises...."

    http://theconversation.com/why-zimb...d-better-regulation-not-state-ownership-55818
    Last edited by Freehold: 13/07/16
 
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