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I don't get this, or am I missing something..?IAU's people have been ordered off site by someone with a less than 20% holding ( IMN sold 80% of it's 20% share)Worse case scenario is that under Indonesian proposals regarding soverign control, then IAU should at least after 10 years production retain 49 % of the opperation..assuming it's going to go ahead at all now..?I smell some typical Indonesian grabing and corruption going on here, and dare say a few hands will have to be well greased before this is resolved...There is a lesson for us all to be learned here, soverign risk is real and on the rise...
I don't get this, or am I missing something..?
IAU's people have been ordered off site by someone with a less than 20% holding ( IMN sold 80% of it's 20% share)
Worse case scenario is that under Indonesian proposals regarding soverign control, then IAU should at least after 10 years production retain 49 % of the opperation..assuming it's going to go ahead at all now..?
I smell some typical Indonesian grabing and corruption going on here, and dare say a few hands will have to be well greased before this is resolved...
There is a lesson for us all to be learned here, soverign risk is real and on the rise...
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