RE: Perspective11 Jun 2019 10:44
I remember doing very well out of CEY when some local fanatic found a way to use a local court to rule the mine was illegal based on paperwork.
Didn't stop mining.
Didn't stop the government collecting payments.
The issue was in the Egyptian courts for years.
I sold out a while back when i thought theyd struggle to meet production targets so I've no idea if it ever got resolved.
Point I'm making is I'm sure this recent issue will be navigated one way or another. That I'm sure of as money usually talks.
I see this as an opportunity to boost my overall holding. Could be foolish... we shall see
GLA