People forget that Ron Sayers started operating in Africa nearly 30 years ago. Ausdrill Group/Perenti has been managing the "risk" for nearly as long as they've been in business. At one point 70% of the groups income was from Africa. This isn't a new, unknown, gamble taken by inexperienced operators. It's hardly worth the noise it gets in these forums.
Good Value and Momentum, page-116
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