Yes HER is a western company but i doubt its high on the target list because there is nothing to 'blow up' yet. Its still drilling and there if no infrastructure...perhaps later on.
But you would think the terrorists would have larger targets, such as large copper mines, or oil targets, and also larger companies in more conspicuous areas.
As for Sumatra, all of indonesia is a hive for terrorists, but Sumatra is probably the safest spot...as indicated by business awards. Perhaps things have changed, but i dont think so.
Anyway foreign risk is already built into the price...if this project was in Australia, the SP would be well north of $1.
Theres nothing wrong with taking some interest in an indo company, as long as its in your risk profile and you allocate suitable amount of portfolio to it. Everyone has different agendas and investment goals.
Cdchi1
HER Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held