If you go by sovereign risk so much, then how do you explain the success of AVL which developed 2-3 mines in DRC? They got into trouble, but were able to work things through. Over the last few years they got from like $1 or so (post-consolitation of 1 new for 10 old shares) to over $20. Cameroon is by far more stable than DRC!!!
No matter what, lots of African governments have realised that poltical stability is crucial in attracting foreign investments and improve living conditions!
SDL Price at posting:
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