RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:QuestionMali and Guinea are generally ranked similarly high for risks of various kinds. However, when IMG looks at it, they have to consider the fact that they know Mali, and Mali knows them. Letwin will have personally met the President and the MInister of Mines, while IMG staff will know members of Mali's mining staff. Guinea is about starting all over for them, and inherently more risky. As I mentioned before "better to deal with the devil you know than the one you don't know."
If you consider the time frame between applying for an exploration permit in Guinea for Karita to today and the fact that drills are still not turning there, that alone could turn off IMG from buying it.....or at least paying anything for it.
Most risk rating organizations rank Senegal notably lower risk than either Mali or Guinea so IMG may be quite comfortable focusing on Senegal and Mali only.