I'd bet the midnight oil has been burning in the offices of those companies affected.
Presentations are due tomorrow, I wish management the best of luck.
This 'review' has been handled so poorly and with so little publicly available detail it's hard to know what will happen. It comes down to the Governments motivation for doing it in the way they have. Did they just look around and see an opportunity for some easy cash? Is there something more strategic to it? Is it just the upper echelon looking to line their own pockets?
Either way be confident that it'll probably drag on for a few more months before we know for certain what the direct impact on Anvil will be. It'll also be a long time before investor confidence warms up for this African nation. Hope I'm wrong, I hope they do sort this out quickly and amicably.
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I'd bet the midnight oil has been burning in the offices of...
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