Wind in the RES sail..., page-6

South Africa is going downhill rapidly in most situations.
Companies who invest in South Africa take on huge risks. That’s why the bank only has a 6% stake in RES.
Most large mining companies started withdrawing their presence out of South Africa many years ago.
Most major companies could not withdraw their funds out of South Africa and still have limitations today.
The different tribal factions create a huge problem in South Africa and the lack of education to millions of people is a major situation as you are dealing with a population of 75 million not 1 or 2 million people.
Investors should not underestimate the will of the South African tribal people’s.
The British raped the countries resources for many generations and the people distrust the European culture.
Most the tribal people want Nationalisation to be implemented when it comes to their resources. If they implement that policy tomorrow.... there is nothing anyone could do about it. Oh Nationalisation will happen, it’s just a guessing game when?
Owning any share comes with a risk and that’s up to the investors to measure and make choices.
TNO recently signed an agreement to have their sales paid in Australia and then their 26% royalties paid to South Africa. Does RES have this policy in place?