GREAT WESTERN MINERALS LTD (GWMGF)

[DocLee]

Whilst the article makes a reassuring read as it is based on a logical flow of conclusions and hypotheses, the one thing you cannot rely on in southern Africa is what we of the developed "Western World" consider to be logical and sensible.
Young black African demagogues are generally unpredictable. Just because a course of action would contravene already existing bilateral agreements does not preclude such people - and their excitable followers - from advocating or even pursuing that course of action. Remember, President Mugabe was once a young demagogue in the prosperous, but smaller, country of Rhodesia. Look now at what he has brought that country (now called Zimbabwe) to - the basket case of southern Africa - whilst he and his cronies have syphoned off wealth to their own coffers. And still his followers support him because he "threw out the White man" and gained control of the country for the "Black man". Economic success or international law doesn't come into it.
South Africa contains the same sort of people within its populace, and common fiscal sense and logic is not going to persuade them from advocating the "nationalisation" or even confiscation of mining companies which are not "black-owned". Hopefully, there are more politically and economically savvy people among the black leaders of South Africa than there were in Rhodesia and that they have the balls to take on this particular young rabble-rouser, showing him up for what he is.
At the very best calls for this type of action will only make development of GWM's business more difficult and drawn out. At worst .....!