I think your wrong on the basis of the following IMO.
What is sovereign risk ! partly a measure of how to conduct business in a County that has in place the "Rule of Law" and a framework of legitimacy in which to operate.
As such sovereign risk is created when Governments don't follow the "Rule of Law" ie: Mines Act / Warden Court and legal precedents.
This Warden Court judgement is based on the Mines Act and "Rule of Law" which is what every mining company would like to see as it gives clarity in which to invest and operate no matter who you are ie: a equal playing field.
Otherwise miners would be operating under no legal frame work, Mines Act, Warden Court and would be like the DRC.
KDR Price at posting:
$1.06 Sentiment: None Disclosure: Not Held