Interesting. One can see this both ways. That Glencore is a shady outfit is probably not debatable anymore, nor that Nigeria any less corrupt than anywhere else (when you look beneath the surface) but the resource is there for all to see and it will be dug up and sold, and some cash will indeed flow. Buyers are probably less fussy than the U.S. with its sanctions etc, but yeah point taken - mines based in the African continent carry their own risks, including sovereign risk, but FWIW this one does not yet appear to be vapourware. A month or two and we will be surprised either way. Worth it IMO. GLTAH.
