Not that it really matters, but I do note that you have and/or are either;
~ only recently joined the HotCopper community (first post 1/9).
~ been an observer and decided to contribute to discussions;
~ a reincarnation of yourself using a different name.
I do also note that the majority of your 26 in total posts have been predominately on the LLL (13 posts /50%) QAN (6 posts /25%) with the remaining 6 posts / 25% split between LML (2 posts), MFD (2 posts) MNE (1 post) & HIO (1 post) stock threads.
Now that we have the preliminaries out of the way
![sneaky.png](https://hotcopper.com.au/images/smilies/sneaky.png)
lets have a look at your (for want of a better descriptor) inaccuracies across your suite of posts.
What better place to start then here:
re: "(sic) ......
with no long term plans to hold elections, therefore, no stability." and; "
The country is still a long way away from holding democratic elections."
~ without going into too much detail on the politics, but their elections are now scheduled for February 2024, after the recent referendum (June 2023) for changes to the Constitution that paved the way for the Presidential elections, and these forward plans were obviously satisfactory to ECOWAS to remove the remaining sanctions?
In your subsequent post, surely you cannot make claims of being factual and then proceed to make assumptions?
~ as it currently stands, there are plans in place to hold the elections in February 2024, it wouldn't matter how many books you read on coup leaders abiding by there own timelines, and it may be the case again in 2024 (IMO < they will proceed) based on my assumption and reading. The people of Mali in general, (although those in the North and North East were hindered) have a feeling of empowerment and are comfortable with the interim military regime.
++ speaking of reading a book, it has aged a little but Howard French's "China's Second Continent" is interesting.
re: "12th of April update from on the ground in Mali."
https://hotcopper.com.au/threads/ann-goulamina-on-schedule-post-discussions-with-mali-government.7567521/page-272?post_id=69721435~ not quite, more like the polished floorboards of the court of the UN Security Council's meeting place rather than the sandy terrain of the Sahel region of Eastern Mali, granted it was a recounting of the displacement of 30,000 civilians to Menake (which is 1,500 kls from the capital Bamako)
~ the UN meeting didn't take long to shift from concern for the displaced to the political agenda!
+ The waring factions being the Islamic State in the Greater Sahara and the Jama'at Nasr al-Islam wal Muslimin (JNIM) the relationship between the two deteriorated into a full blown turf war in 2020.
re: "
The least likely, but most damaging, risk being nationalisation of all resources and resource projects."
https://hotcopper.com.au/threads/ann-goulamina-on-schedule-post-discussions-with-mali-government.7567521/page-285?post_id=69722168~ Not sure if your comment was a quote or/and a combined opinion?
+ The Mining Technology report was 2 years old and failed to mention Mali, but in saying that there is some relevance to the basic theory of the article.
* The S & P Global narrative (blog) was a snapshot (opinion) of actions already taken? The Mali Government's updated Mining Code 2019 is a clear indication of that as well as the formation of the State run mining contractor (SOREM SA) and IMO, it enforces the "military leaders" visions have a stronger nationalistic intent than the previous governments ideal, does that means that LLL don't / can't ship DSO as one of the driving factors to this resource value structural change is to extract more value from local produced resources?
https://hotcopper.com.au/threads/ann-goulamina-on-schedule-post-discussions-with-mali-government.7567521/page-644?post_id=69774580So many points in this post but; I agree in part, maily the first half but from there on IMO it is off the mark;
(1) re: "(sic) ......, the international interests who are controlling Mali's military, and who organised the Mali coup, will surely spark more internal conflicts, in order to introduce further excise duties under the threat of halting exports altogether."
~ I find this the most intriguing, I as yet haven't come across anything to indicate as you are suggesting who organised the coup, other than on August 18th 2020, disgruntled military officers that had a spat over promotions outside of the Bamako military base was the catalyst to rising tensions, following months of peaceful civilian protests including unrest over the overturning of election results. By midnight President Keita had resigned, but the military lead regime are not the only ones that have delayed elections, following the 2012 coup (Tuareg Rebellion?) President Keita postponed / delayed the 2013 elections.
++ source: United States Institute of Peace.
(2) re: "(sic) ...halting exports."
~ the Malian government (IMO) are doing themselves no favours as it is, trying to break agreements but suggesting halting exports will do what exactly other than "cutting off the hand that is feeding you"?
(3) re: "(sic) ...... there is a reason it is extremely hard to not only develop a mine there, but to keep one running long term."
~ on the 23rd August 2023, Barrick released Q2 results statement, including a piece on Mali.
"The 26 year long relationship between Barrick (previously Randgold) and the state of Mali has built the country's gold mining industry into a world leader and positioned it strongly for further growth." The Loulo-Gounkoto complex, together with the Morila mine has contributed US$9.3 billion to the Malian economy and accounted for between 5 - 10% of the countries GDP over the last 10 years."
~ Hummingbird's Yanfolila Mine had its first gold pour in 2017.
~ B2Gold Fekola Mine had its first gold pour also in 2017.
~ Resolute Mining first gold pour at its Syama Mine was in 2009.
re: "
Just another day in Mali
for my dear friends@WoodySpoon@dazaliam@chrisman"
https://www.abc.net.au/news/2023-09-08/dozens-dead-in-suspected-islamic-insurgent-boat-attack-in-mali/102830566~ nothing can detract from the horrible amount of death in Mali, and this is no exception! and l
astly:
re: "You "yes-men" really are the most dangerous posters to have on a share market forum. No idea about anything, other than up-ramping stocks and abusing/criticising (badly, I might add), anyone who dares question your holdings, labelling them as "trolls"."
+ No offence meant, but you haven't actually questioned anyones holding by only making opinionated comments? but more so the continual posting news articles, some of which are current but the rest being out of date "terrorist" activities and casualties. The negative responses (IMO) are drawn from these type of "danger alert" "warning, warning" post from a myriad of different posters extolling the dangers of investing in Mali being a never ending story since the 2012 Tuareg Rebellion and the coup. As time goes on, posters seem to switch off to these news articles as they are more inclined to be from areas in Mali that would not have an immediate threat to the operations of the mining companies (which are generally more than 1,000 kls from the area of news) nor the safety of their workers.
~ doesn't infer that they won't have an impact to attracting investments to the country, but it doesn't appear to stifle the larger Companies.
cheers