A united front is the only wayThe Congolese government doesnt respect the hand that feeds them. They could be the Saudi Arabia of mining if they just kept level headed. Unfortunately the stock price will probably take a large dive, it will be even more difficult to find financing. For Ivanhoe and any other miner wanting to set up shop in the African country.
I have no doubt that in a few years the Ivanhoe Share price will be much higher than it is today, with or without that 10% Copper tax. However, the lack of faith in the countries leadership and their complete disregard for their own laws makes me sick to my stomach. No more hand outs to Africa... these miners need to stick together and lay down all of their cards. They spend billions of dollars in the country, upgrading their infrastructure, providing helpful programs to the villages near their mines, provide quality jobs for these people. But they make one bad mistake after another and all of these positive trends taking place will come to a halt. Ughh "End Rant"
Anyways, this stock isnt for the faint at heart, invest wisely my friends.