Why is OKR under the radar of Uranium investors?, page-57

That’s right about the Africa governments and to much east intervention there
fuel buyers will be cautious on term contracts
and trying to borrow large dept for capex lenders will be cautious
safe jurisdictions win hands down
this was in March but came out it was all bs

Namibia targets stakes in resource companies, miners' shares fall

Reuters

May 30, 20236:34 PM GMT+10Updated 4 months ago

MELBOURNE, May 30 (Reuters) - Namibia is considering taking minority stakes in mining and petroleum producers to reap more value from its mineral wealth, the African country's mining minister told lawmakers, weighing on shares of mostly Australia-listed miners on Tuesday.

Namibia is one of the biggest uranium producers in the world. It is also a major diamond producer and has significant hard rock lithium deposits.

"We are making a case that local ownership must start with the state, which holds ownership of our natural resources," Minister of Mines and Energy Tom Alweendo told lawmakers at a parliamentary workshop on Monday.

The proposed state ownership should take the form where the state owns a minimum equity percentage in all mining companies and petroleum production, for which it does not have to pay."

The Namibian mines ministry did not respond to requests for further details.

Shares in Australia's Paladin Energy Ltd (PDN.AX) entered a trading halt on Tuesday after tumbling as much as 24%. The company produces uranium in Namibia.