Australian (ASX) Stock Market Forum

Reply to thread

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... :(


Top