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Abe65

04/16/15 8:58 AM

#10138 RE: Landmark8211111 #10114

Yes, but Tanzania lookalike a stable juristriction and it is a global market. There seem to be quite a few analyst reports on Cradle.
I'm concerned about the low IRR and high Capex here.
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seawolf21

04/16/15 9:12 AM

#10147 RE: Landmark8211111 #10114

As much as America is a stable democracy a quick google search will easily demonstrate their is more resource project investment in countries of Africa , Europe and Russia. One must be selectively in the country in Africa you invest i.e. Angola, Congo, Leone for instance.

South Africa, Tanzania are home to some of the biggest and longest serving resource projects worldwide.

Resource projects in the US dont get built for the same reasons as other parts of the world i.e. high costs, lack of funding, bad resource economics.