M4M 0.00% 0.9¢ macro metals limited

Kogi Iron looks set to shake up the Nigerian steel market, page-13

  1. 106 Posts.
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    Good to here about a possible London listing. Just like Chiller, reminds me of an earlier post I made on the 2/6/2018 ........

    "To reinstate I am a foreign based investor with a sizable interest in Kogi. I am not top 20 but have ample capital invested. I for one as well as other foreign based investors would like to see Kogi float on the European indexes such as the FTSE, DAX, etc.. For one it would reduce our exposure to fluctuations in foreign exchange rates. Secondly it would open up the door for other foreign based investors to participate in an extraordinary opportunity.

    The 3 would-be directors in my humble opinion do not cut it to be able to develop Kogi as a company as they have not proven that they have the network/connections to attract offshore interested parties. Their c.v's speak for themselves.

    One issue to consider is that Kogi is an Australian based company and its sole project is in an African country which Australian based investors may consider a riskier investment and prefer to seek safer havens locally or with companies that have foreign interests but in countries that are generally considered lower risk. European investors have more experience with investing in African countries and thus would consider the risk/reward differently. I am of the firm opinion that for Kogi to evolve as a major it is crucial to get foreign backing."
 
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