Don't shoot the messenger. Investing in the Sahel region of Africa as a small western company isn't usually a bet on whether the resources are any good, as there are some amazing undeveloped resources there, but rather whether the relevant country stays stable and geopolitically non-aligned enough to let you exploit the resource.
There's a new movement of African populism and nationalism, evident in places like Burkina Faso and Mali especially, that is very hostile to Western countries, eagerly encouraged by China and Russia. Guinea is also on their hit list, with Lavrov visiting last year. All that shareholders really have of everything being kosher is Flanno's boundless optimism, and we saw how reliable that was at Delta once things went downhill with lithium.
Hey i hope I'm wrong because I want Australian companies to do well, but this forum is all about sharing perspectives
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