RE: VOTE NO!7 May 2017 13:15
mw83 - I have to say that, although I am absolutely no fan of Erdogan, I completely disagree with your analysis. He is not STUPID. He is a very canny operator who knows who his supporters are. Just becuase you disagree with him does not make him stupid or an idiot. And I believe you are too quick to write him off as rapidly disappearing or on borrowed time.
I assume you have spent some time in Turkey, with Turks, in order to expound your theories? I have, and although I wouldn't pretend to be an expert, I consider that Erdogan will be "safe" in power as long as the Turkish economy continues to give the working class majority a "feel good" factor, and therfore continue their support for him.
As far as Mariana and their investments in Turkey, I am happy with the risks, as Lidya are well connected to the government and in Turkey, connections are all! Erdogan will be well aware that Turkey needs FDI and although he might make confrontational speeches about Germany, Holland or elsewhere, he is pragmatic enough to know
(IMO) that it is the economy that is the key to his power base. I really cannot believe that he and his administartion are a significant barrier to Mariana getting fair value for 30% of Hot Maden.
Anyway, I will be voting no as I consider the proposed deal to be poor for MARL shareholders and I would be happier to wait until after PFS to determine what "we" do with our share of HM...