Duluth Metals Ltd DULMF

RE: ANTO may move FASTA

[goldsternp]

You are absolutely right. In developing countries contracts are only binding until the government decides to change them. In addition most of the time the officials are either ignorant or corrupt or both.  Add do gooder organizations like the WB, UN, ADB and other aid organizations with overpaid consultants who fill their pockets while mouthing protection of the developing countries from foreign exploitation and you have an impossible business environment. I know because I lived in a developing country for 30 years.

In the western world the rules and regulation may be annoying but no danger of expropriation  and an agreement is that even if takes expensive lawyers to enforce it.

It would not be surprising if ANTO played a role in the Bechtel contract.