On a positive note regarding the sovereign risk. Mozambique has a GDP of USD$11 billion (Source: Trading Economics) and Anadarko just agreed to invest USD$15 billion in the country which equates to 136% of GDP.
That's the equivalent of someone agreeing to invest USD$1.6 trillion into the Australian economy (i.e. 136% of GDP).
With natural gas FDI the economy should be zooming in the years to come, people and politicians should be happy too as the boom gets bigger.
On a positive note regarding the sovereign risk. Mozambique has...
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Last
22.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $227.6M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 21.5¢ | $361.4K | 1.644M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 75849 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 299170 | 10 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| SYR (ASX) Chart |