NZC 3.57% 27.0¢ nzuri copper limited

Congo just gave the cobalt price another big boost, page-14

  1. 50 Posts.
    lightbulb Created with Sketch. 3
    Thanks for the info regarding the catch up to other countries tax codes - hadn't taken the time to think of that. Those articles were a bit inflammatory at first read.

    You don't think its still significant that this is the DRC in the most volatile state its been in the last 10 years? I get that maybe you can say well now royalties are all approx. equal so that cancels out.

    But I just can't get past the sovereign risk. I don't see a peaceful transition of govt coming and then don't understand what the implications might be from there. During the Second Congo War, instigated by the same Kabila and his father, the UN imposed sanctions on Congolese minerals for funding the war. Is history repeating itself or you think Kabila will step aside and hold fair elections? I just don't see it.
 
watchlist Created with Sketch. Add NZC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.