Qatar efforts led to the resolution of the border conflict between Djibouti and Eritrea, page-31

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brucey

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06/10/16

21:45

Post #: 19681553
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Originally posted by Thompsjz69 ↑

Hi Riles,
glad you liked the link and hope you found it useful. Someone else was kind enough to put it up here a while back.
I've just rehashed it due to the time line we're looking at.
The country needs hard currency and wants to better their lot and as with most places like this they get it through natural resources. I think the govt will be keen to get this rolling, drought or no drought, also they can use the product to make their land more arable as you say.
The big play here will be, will someone look to buy this deposit to keep it off the market and sit on it so it doesn't influence product pricing so doesn't matter whether there's a drought or not (kind of like what DeBeers do to control the diamond market) or will it go straight to a small amount of production and ramp up from there.
Global World Class strategic resource are the words you need to keep reminding yourself of with this deposit.
Someone will make some major $$$$ from this deposit, just as long as we get our little slice along the way.

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I can't see how any major would get approval to b uy the lot seeing the Govt have a 50% share.
Imo,it would be of no benefit for the Govt or its people,especially if a Major wanted to sit on it and take it off the market.
Result would be no ongoing income for the Govt or its people.
As for the predicted drought, I can see that as being a problem, ok to have SOP etc but no water, whats the use then.

DNK Price at posting: 38.0¢ Sentiment: Hold Disclosure: Held
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Qatar efforts led to the resolution of the border conflict between Djibouti and Eritrea, page-31

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