new md

Hello haronga
It is not a pot of gold it is sponge iron - iron billets -pig iron nothing to do with iron ore which by the way has been climbing just lately.
The internal issues you talk of are in KFES favour .Stopping corruption and wanting employment .
The Dangote group may well want in but I think you will find they will have to pay for the privilege .The new government wants over seas investment so they will not behave in such a manor .
If you had met Dr Burston as some of us have at the AGMs you would not be so concerned with his age
Have a good weekend
Regards
Bizzo

Nigeria has every intention of diversifying its economy away from oil, so if anything the politics is very much in KFE's favour. I agree that it's speculative, but I doubt you will find a risk/return ratio this high anywhere on the ASX.