It's where sovereign risk comes in. Namibian government could decide that they own 51% without paying anything.
Bolivian government did it to Republic Gold sometime back. Took the whole lot. Nice as pie while the mine was being built. Got to production ready and bang, get out of our country and gold mine.
General Thoughts, page-4883
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Last
1.5¢ |
Change
-0.001(3.23%) |
Mkt cap ! $121.9M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.5¢ | $24.16K | 1.598M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 9288986 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 2784680 | 8 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| PCL (ASX) Chart |