RE:DRCThese are great questions for IVN holders. Here are some statistics to help flesh out our thinking. Numbers are rounded a little. USA values are in [ ]
DRC Population 106 M. [334 M]
DRC Registered voters 42 % of pop'n. [50 %]
DRC 2023 presidential election eligible voter turnout 43 %. [66 % in 2020 election]
DRC % in poverty ca. 62 % [12 %]
Gini coefficient expressing unequal economic conditions: DRC ~ 0.42 [~ 0.47], i.e. USA is a more unequal society.
Average Cu grade Kamoa-Kakula ~ 5 % [TKO ~ 0.5 %]
Need for metalliferous asteroid impact to create economic grade: 0 [TKO significant need]
It's Saturday so I am allowed a little sarcasm.
The risk you point out is present in many countries in Africa, and around the world, there is no denying it. Quantitating it is another matter.
Experts in political analysis (CIA advisors even) consider the risk of the US becoming a fractious (as in civil war style conditions) fascist society is currently very significant if not guaranteed in the near future. Where does this leave us?
There can be no doubt the recent election in the DRC was rife with corruption. The same was true of the last US election. It may have been expressed in different areas of the process than in DRC, but the last US presidential election was glaringly corrupt. I'm an independent voter, I am not partisan.
We have all pointed this one way or another - the individual risk buckets are different, but they add up to significant risks when you invest in mining, no matter the location. You either cope with it or move on. It was Crow or CashTango who pointed out the large debt and significant dilution you are facing with TKO. The dilution I face at IVN is: Our single Tier 1 mine is going to become 1 of 3 by year end. Our two resource estimated Western Forelands deposits will go from 2, to 3 or more (almost certainly) over the next year or two.
I will tolerate the risks around mining development in the DRC, while you tolerate the risks around mining development in the USA. IVN has a real risk of becoming one of the most successful mining companies in the world, with historic and world leading ESG. I would argue it is already in this category. I will tolerate the risks. I have watched my initial investment more than double. I will continue to tolerate the risks.
If Potadvisor1 bothers you so much, ignore him. I ignore plenty of commentators here. Take his insights (there many valuable ones - he understands IVN well), ignore the performance art, and get on with it.
If you can place some quantitative arguments around your risk hand waving then please do so. What was the predicted risk for the Panama situation? What were the signs? Are they really present in DRC? When will the risk turn into an event? Do you really think you have an insight into IVN that we have not considered regularly for the last decade (in my case)?
Go and read about the Mokopane Feeder. There are great articles and presentations in the geological world. Sarcasm aside, the Mokopane feeder is probably the closest thing to a large metalliferous buried meteorite we are likely to encounter on earth, at least in terms of endowed metal content. I'll take that risk.