Ann: General Corporate Update, page-188

Well said Jcairns;
"The new T20 investors, government and the “strategic” investment from mangwana all have the best interest to keep the share price down. I think they are going to force SMs hand to sell this for penny’s on the dollar to have control over the product. I mean why should an asx company and their share holders be given profit from a country’s resource? This isn’t the western world…. Sure they may need it proved (or half proved as it stands) but there are other political players who can front cash for initial development (china?)"

I reluctantly agree with you. The thuggish ZANU-PF regime have a ghastly record of stealing or manipulating asset grabs from western companies and fellow white zimbabwe citizens. They are a kleptomaniac oligarchy - it is in their DNA now.

The corrupt second and third world colonialists - Russia, China, Middle East, Nigeria provide the backing and bribes - and eventually gain access to the stolen assets at bargain terms - to the detriment of the normal people of Zimbabwe.

I always knew they would be coming for IVZ's assets, but I thought they would wait until they were proven and I could get out with a profit early.
Alas they are so greedy now that I fear they will kill the IVZ goose before it lays the golden egg!