MNB 1.67% 6.1¢ minbos resources limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-100

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    Historically, there has also been a relatively high level of corruption in Angola, especially in the extractive industries. This corruption often influences the awarding of contracts or the granting of licenses. Furthermore, Angola does not have laws that specifically address corruption, bribery and conflict of interest.

    Other possible sovereign risks include, without limitation: changes in the terms of the relevant mining statutes and regulations; changes to royalty arrangements; changes to taxation rates and concessions; changes in the ability to enforce legal rights; and expropriation of property rights.


    @chuk

    Do you actually read any of the possible risks ??????

    Clearly for funding to take this long and with this full govt support lol - there has to be many risks that those with capital won't take lightly.

 
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