It’s the financial aspect of the MDA not just an approval, the Malawi government own 15% of the project already.
The MDA obviously contains conditions that are more favourable to the government than Lotus.
Still it’s a decent project and a money maker I think, the big worry is Malawi is almost the poorest country in Africa, corruption is rife
Malawi has been stable, it’s worthwhile keeping an eye on political developments the first sign of anything and I am out.
Everything in Africa is risky especially the Upper West, Niger, Mali and even DR Congo.
The government have a nice earner already I hope they don’t get to greedy and that it’s not detrimental to the share price,
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