re: Ann: IAU Tujuh Bukit Exploration Activiti... triple ouch
It just confirms my view to not invest in Indonesia.
Only a BHP would have a chance of succeeding there longer term. For others, at some point they will just take the assets from you, and more likely than not we will get very little back.
I wonder if IAU will at least get compensated for the exploration it has done?
Share price is now below cash/share so perhaps a buy for the brave or silly.
GLA.
loki
Ann: IAU Tujuh Bukit Exploration Activities Suspe, page-2
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