THB 2.94% 3.3¢ thunderbird resources limited

The concern isnt that they want it (who wouldnt, you would be...

  1. 8 Posts.
    The concern isnt that they want it (who wouldnt, you would be crazy not to want a piece of it).. but whether or not they will "take" it (through royalties, resource taxes etc).

    Rio taking an increased stake in ivanhoe through share purchase is different to a government taking an increased stake in a resource.

    Risk increases if you cant trust the government to comply with agreements that form the a large part of a mines (and subsequently the companys) valuation.

    From what i've previously read, the mongolian govt wants increased Aust company investments which is good news for VOR, but it must raise a few eyebrows if they change the playing cards after 2 years.

    Anyway, just voicing a few concerns and im more than happy to be wrong.

    Im waiting on some good results.

    Hurry up with the Ann already.

    DYOR
 
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