$13mill value and all before it, page-46

No probs Geobrand2. But, I really am in the dark and maybe Mugtrader would be good enough to enlighten me.

TEG has been bound by reliance on "governments" for years and shareholders have suffered as a result of the lack of information, delays and lack of transparency from these governments. It must drive the likes of John Towner crazy and that's why there are only a bit over 1,000 shareholders on the register.
Yet, we see over 1,300 reads on HC posts??

We are now in the hands of not only the notoriously slow Indonesian Central government, that is facing an election in just a few months, but, also relying on a government in Morocco that is still in nappies.

BUT, in saying that, LTs are "used to" that, yet, we even display some frustration, maybe, just to release it by posting it on HC. But, deep down, we know that management have managed the Aceh asset very well and as they say, they are the very first foreign company with which a joint venture has been forged. So, it isn't what management is, or, is not, doing, it's all about government bureaucracies over which they have no control.
And, that mess between Abbott and SBY and his wife didn't do us ANY favours. You can BET on that!! And the way Morrison is handling the (no) "boats" issue, that was effectively stitched up by the previous government, compounded by ANOTHER apology because our boats have somehow entered Indonesian waters, doesn't help either.

Is Australia becoming a "sovereign risk" and making it difficult for Australian companies to be supported by other countries such as Indonesia and Morocco. THAT is my immediate concern and will not be allayed until we see those two announcements, which, any reasonable person would suggest are both LONG overdue in "normal" business circumstances.