Yes, consider carefully, as the pattern is simple to repeat. Limpopo was the exact location of the South African asset owned by RES. We all (as thousands of Australian shareholders) were scammed by the local people, it’s a real issue.
Im happy to go though this detail for any shareholder in Australia that is concerned. As there is very little protection.
It’s a serious problem that lawyers know is a loophole, but cannot do anything about overseas assets.
VR8 Price at posting:
9.7¢ Sentiment: None Disclosure: Not Held
