Whilst the resources are plentiful, and opportunities great, Africa is a basket case to deal with. On going terrorist group attacks, kidnappings, corruption, etc.
These factors must outweigh any potential gains, otherwise I would agree with you. There is obviously a good reason why they are steering clear.
And yes, I hold FMG as well.
SDL Price at posting:
0.6¢ Sentiment: None Disclosure: Not Held