The closeThat was quite an end to the day. Seems like only last week I was walking out of the AGM feeling reasonably confident about this play. Hang on .... it was last week. Since then we.ve lost at least 40% of what was already a beaten down SP. We still have no progress report on how the talks with the government are going and whether this latest issue will go away.
I'm furious with the S.A. government that they are constantly hitting FIU with petty, regulatory issues that are distracting our management team from their number one objective which is profit. We employ a lot of South Africans and those jobs will be lost if the company fails. How can that S.A. minister return to Canada suggesting that S.A. is a good place to invest based on our experience?