Published on in “, Trade”, language — English. 52 pages.
Investing in a greenfields exploration project in a
remote region of Africa is a long-term play and a
high-risk undertaking. Financial institutions and
individuals who have the capital to pour money into
such ventures, are fully aware (or, at least, should be) of
the risks involved, and that debt would be a constant
companion on the balance sheet for at least the first three
to five years of operation. Volatility is inextricably linked
to mining, and companies plan for peaks and
troughs, so it s More