Encouraging results so far in terms of gold grades. I still have a number of reservations regarding this stock.
Firstly, the risk of doing business in Indonesia should not be downplayed - moreover the risk of doing business in Aceh. Aceh is a region which has considerable autonomony and whereby Jakarta seems to avoid any confrontation in order to keep the peace. Although the Indonesian constitution inshrines secularism, Aceh is an area where sharia law applies, even a recently introduced bylaw allows stoning of "adulterers". Perhaps it is just me who sees this as relevant.
Does anyone else view the risk of doing business in Aceh greater compared to the rest of Indonesia?
Also, anyone care to shed any light on the background of company directors?
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