If you are referring to this sort of protest http://www.nyasatimes.com/2014/09/15/brazilian-vales-railway-project-faces-resistance-in-malawi/ I don't think this sort of thing will be a major issue for Vale - they will just have to cough up a bit more and honour their pledges.
RE: Drastic SP drop!!
Also, Vale are in some bother in Malawi regarding Nacala railway link. Opening of the Nacala line is key to how Tete (and Baobab) moves forward.
Nice to read your supportive post. I followed your tip on CNR and sold at a little profit to get back in here at around 8.175. Helps the average, but even more ridiculous now - and out of bullets like yourself!
Don't rise to jscapper he knows absolutely nothing! he's a wind up time wasting merchant! Watch this space jscapper and learn!!!!
What a load of tosh. The resource in the ground is worth a minimum of 14pps based on peer group comparisons so this is very cheap at the current sp and should be going up not down! The long wait fopr news is responsible IMO and things should change on that front soon. H4 looks to be a good one in terms of anticipated news flow. I just wish I had some spare money to buy more!
We are both in the same boat! What ever they drop to I, like yourself no doubt, am here to stay, because these will, not necessarily in the short term, but certainly in a number of years will be PURE GOLD. It just seems rather unusual to have two quite large falls so close, but it could be 'tree shaking' prior to news? i guess we'll just have to wait and see. To all new comers, boy what an opportunity to get in to this GOLD SHARE!! Regards and Good luck!!
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