If it was not Africa, this share would be 10 cent plus. The reason we are at this price is Africa which is notorious for delays cancellations and sometimes no rule of law. We all should be aware of this before we invest in African companies.
But then More risk = more reward if we are able to come out of all this. So either get accustomed to how things work in africa or get ready for surprises down the track.
I'm hopeful we will get there in the end but for any newbie just go and look at track record of mining in africa to know how its wild west of Explorers. I'm sure people who have been long enough in this game know all about it.
Ann: Makuutu Phase 5 Drilling Update, page-18
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