talk about sovereign risk EMP is the latest to fall foul of this damoclean sword. Who else sits beneath one? PDN and OXR immediately come to mind.
PDN is trying to quickly spread its risk by seeking Ozzie U-acquisitions and raising cash. Perception is leading its reality and now juggling to ensure reality sets IN TIME. Namibian mineworkers union is an increasing worry for them methinks. Wonder how militant they are gonna get.
OXR relies on the continued benevolance of the military regime.
Other risks exist ..like increased mining taxes in Mongolia for Ivanhoe. Increased royalties in Tanzania. South America, Africa. Even from the Catholic Church in philippines for LAF.
Personally am sticking with the 30 km irradiated fence around the Rum Jungle. Even "worry " sometimes about our NSW targets haha.
Naaahh ......... Fort Batchelor for mine bros. U can risk the rest.
IMBOOC
talk about sovereign risk EMP is the latest to fall foul of this...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)