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clock Created with Sketch. 08/05/24
17:55
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Originally posted by invertedva:
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Emotions are high, but people talking about voting against the deal need a reality check. This deal is driven by one thing only - the Malian government only wants to deal with the Chinese. There are geopolitical reasons for this, but it’s mainly about being able to negotiate payments/bribes without international scrutiny. Because of anti corruption laws in Australia, Hay and the board simply wouldn’t be able to accomodate what the Malian governments want going forward. Therefore they have done everything they could to squeeze the small Australian company out. Sure Ganfeng are winners from this process, but I also think they could’ve squeezed us much harder. I can only assume they care about their international reputation and were concerned any dispute with Leo might delay construction.
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there is no point in putting any money in to any other african nation in my view..countrys are going to get more and more involved with china and russia and become members of brics i think.
(20min delay)