I think this concept of Sovereign risk is misused in the context...

I think this concept of Sovereign risk is misused in the context of mining in risky geographies.

Sovereign risk specifically refers to Govt. risk in loan / dept repayment.
In this case it's irrelevant since I expect independent 3rd party loan funding for Tiris U production or any other production for Aura out of Mauritania.

What we're talking about is how comfortable people are with their investment in a company mining in Mauritania.

Australia for example presents the perfect safe geographyfor a mining investment.
Will it pass all the bureaucracy and red + green tape to get into production within then next 8-10yrs.......unlikely.

Will Aura get to production within the next 18 months........likely!

Now choose which company you will invest in.