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Monday, December 19, 2011 11:04:59 AM
With today's report that elections are to be postponed:
http://www.google.com/hostednews/afp/article/ALeqM5i-xCvIPgY1kkHy7v6T3EHE57VRfw?docId=CNG.65f564f60f03ebab6c4103aa632a6e7a.5f1
It makes me wonder if the company has/needs any contingencies along these lines.
While I see the reasoning for the postponement as more positive than negative, I am reminded that the company was previously rebuffed in it's attempts to obtain investment insurance under OPIC. http://www.opic.gov/insurance
Since the management change and the political climate improvements in country, I am curious if the company has pursued this any further or if the current leadership even regards it as necessary. Seems like it would provide some cushion to risk.
If anyone could provide any insight, I would be curious. Possibly a question for the next investor update.
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