STB 0.00% 40.0¢ south boulder mines ltd

dealing with eritrea, page-2

  1. 3,134 Posts.
    I understand the UN sanctions are limited to the prohibition of arms sales abroad and restrictions on senior army personnel from traveling abroad.

    As more and more mining companies go into production, confidence will grow and the perception of risk will be reduced. Revenue flowing from these ventures will help this impoverished nation provide the basic necessities for her people. Hopefully, with a better standard of living, people will not need to fight for their survival that generated the political risk in the first case.

    It takes time to improve the standard of living of this nation. It cannot be done without foreign investments. No doubt there are political and sovereign risks and therefore would not suit every investor, those that are risk adversed.

    It would be hypocritical to say my investment in STB is merely to help the people of Eritrea, no, it is not a charity, but to get myself a 50-bagger. The people of Eritrea would also prefer not to live off handouts but for foreigners to engage in a partnership with them. A partnership where both sides achieve their needs. I am happy to be a partner and hope to see my investment grows and the nation prospers.
 
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