I have a number of resources investments in Africa and am well aware of the sovereign risk which varies greatly from country to country as opposed to lumping the whole of Africa into one generic risk basket. You seem to be agreeing with my post that said there was high risk associated with mining (resource) companies in that region, with the huge costs they have to put into on the ground infrastructure. My understanding is that SAS only needs one global ground station for their operation to work due to their sat to sat proprietary network comms, but they are going with two ground stations so they have a backup. Based on that, they certainly don't need a ground station anywhere in Africa, therefore there is zero sovereign risk to their physical infrastructure. Obviously, there is some inherent risk to their revenue stream which will vary greatly on a country by country basis.
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