MYL 0.00% 70.0¢ mallee resources limited

The Rohingya issue is a serious one, and it is clearly a major...

  1. 66 Posts.
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    The Rohingya issue is a serious one, and it is clearly a major reputational problem for Myanmar. It also adds to the perceived risks of doing business in Myanmar, which is part of the reason why MYL share price seems to be factoring in a significant risk premium. BUT, no one -- even the authors of this article -- are proposing to punish the people of Myanmar by boycotting the country or urging foreign firms to leave. Rather they want these firms not to do joint ventures with military companies, which are involved in the mining sector (e.g. jade). AND none of MYL's partners or subcontractors are military firms.

    Also, if the aim is to get military companies out of the mining industry, create a level playing field, improve regulation and safety, then you need high quality companies to come in instead. Hence the new mining law and rules, and hence companies like MYL being the positive future of mining in Myanmar, and that's why they can be seen sharing the stage with civilian ministers and other key officials.

    (All IMO etc.)
 
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