G'day all, I agree with all said here in regards to investing in some overseas countries, and the risks associated.
I own IAU but I never bought them directly...they came as a deal struck with Emperor mines (EMP) a few years back.
I thought at the time when the deal was done, I should have sold because I never did go much on those chiselling cheats (Indonesia)....Money speaks all languages with that mob, and just recently they have announced a money grab whereby they end up with quite a big slice of the pie in mining ventures in the future. Check out the IAU share price/graph from recent trading and you will see what I mean. Their resource (IAU) is considered as probably one of the biggest on the planet, but I hope they sell up to a major and get out of the place once all derisking on the environmental front is in place, then I can buy more in FML. Coolgardie/Laverton/TI is a much safer address.
Blairbart, you said "It looks like Labor's days are numbered"!! So whats the alternative then?? Tony "NO" "Stop the boats" Abbott???!!! The man is absolutely clueless!!!
sovereign risk, page-4
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Last
14.0¢ |
Change
0.005(3.70%) |
Mkt cap ! $40.11M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 13.5¢ | $12.79K | 91.36K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 60148 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 14983 | 1 |
View Market Depth
| Last trade - 15.59pm 19/07/2024 (20 minute delay) ? |
| FML (ASX) Chart |