RE: That would be positive...Thanks GOOZ...part121 Apr 2022 09:23
"Argentina is a basket case."
Absolutely - yet in the 1930's it looked as it would join countries like the USA, Canada & Australia in economic development.
The usual Latin American curse of "the man on the White Horse" intervened - in this case Peron. The country is unloved within S America - talk to Bolivians, Chileans and Brazilians for example. "Arrogant", "stupid" etc are often used.
Still, they are the neighbours for the FI so it doesn't pay anyone to be at daggers drawn. Best to keep things ticking over Right now the Argentinian Navy is on its last legs and is no threat to the FI. Their Govt makes ritual claims a couple of times a year but practically it's all quiet and long may it remain so.
What is needed is for Sea Lion to get on production ASAP - I think Navitas are the right people - we'll just have to wait ... and God knows we're used to that in this share