@Giovanni33 Short reply for you this time mate, as some of my other post touched on this but you've given it the name! The world island theory
As you say, could go either way and this is a very deep discussion, the impacts of which are likely largely positive for many ASX listed explorers and producers because of the alignment to the West and the relative richness and accessibility of the ground
SHP obviously sits within Europe, but arguably in a better position for it and the resources it holds. The question around which direction the world takes has an answer that plays out over years. Whichever the answer, is SHP positioned well?
If we move towards islands then undoubtedly it improves the macro situation. If we don't, and Russia / Belarus kiss and make up with the West and potash starts to flow from their borders again, then I think SHP would struggle because these countries would have relatively low operating and transport costs.
Lawrence (COO) should know this. He came from a Russian producer.
My thinking is that irrespective of the outcome of the above question, Russia and Belarus will have the thumb pressed harder on them for years to come, and that SHP benefits from this. The west can't afford to be held by the balls for its critical resources, particularly ones that would be so tightly bound to civil unrest (unlike microchips for TVs), just as the BRICS can't afford to be held to random by the USD
That wasn't all that short
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