Welcome Dinga, nice first up. Agree with your sentiments.
Further to your comments, what other Investors and punters often fail to understand is that doing business in another country is fraught with difficulty...
Moreover, working in another country and dealing directly with Government officials can exacerbate this situation.
'Negotiating' with a Government does not happen the same way a company may negotiate with another company.
Invariably, Government employees in positions of authority can be very proud and sensitive during these dealings. They follow the laws of their country and may not follow the same sense of urgency that others desire.
Those who have not had this experience simply do not understand.
Some of the posts on this thread disappoint me with some bleating of 'why so slow'... 'management don't update us enough..' etc...etc...
The truth is, (I believe) Management are doing all they can to achieve their goals. (Why wouldn't they??)
It is also not always prudent to report every discussion that occurs with the Government officials. (For obvious reasons)
Investors will stay strong and reap the rewards....the punters will get emotional and move on......that's the cycle.
Of course, all in my own opinion and experience working with Government officials in foreign countries..
HFR Price at posting:
66.0¢ Sentiment: Buy Disclosure: Held
(20min delay)
