I'd tend to disagree. I think the majority of "perceived" risk...

I'd tend to disagree. I think the majority of "perceived" risk right now is African risk. But if Mali government can sign up to their 10% free carry, approve DSO and commit to fully back the project (hopefully with some GF persuasion). Then that perceived African will be greatly reduced - and that's an understatement.

From the language used in the conference call and the latest announcement, I think the most probable outcome would be - the Mali government will settle for some duty/tax but not the whole $50m and then allow LMSA to do a couple of loads of DSO, as Goulamina edge closer to production.

A scenario that is a win for everyone involved - the sooner we get to production, the sooner Mali get their cash injection.