STB 0.00% 40.0¢ south boulder mines ltd

dealing with eritrea, page-3

  1. 127 Posts.
    IMHO the biggest sovereign risk is not interruption by war but popular outrage from Eritreans if the project proves massively profitable to foreign companies.
    So if Eritrea remains stable and general conditions improve then STB holders would have to expect a greater share of profits to be demanded by the Eritrean government.
    Not exactly a bad problem but something to keep in mind and something STB management should be accutely aware of.
 
watchlist Created with Sketch. Add STB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.