SDL sundance resources limited

no, this is not a joke.SDL are planning on shipping iron ore out...

  1. 6,296 Posts.
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    no, this is not a joke.

    SDL are planning on shipping iron ore out of cameroon/congo, this is the most dangerous coast line in the world, where ships are hijacked daily, crew murdered and companies held to ransom...

    anyone factoring in such events?

    "A maritime risk analyst agency last month forecast that cash-driven piracy and militant attacks ... were likely to increase this year in Nigeria's waters especially after the April elections."

    "Somali pirates have hijacked dozens of ships over the past few years, and taken in hundreds of millions of dollars in ransom money. The European Union's anti-piracy task force says the pirates are currently holding at least 32 vessels and nearly 700 hostages."

    (although somalia is the other side of africa, i thought id insert the quote anyway, you get the idea; pirates are a serious major probem)
 
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