Post by
drunk@noon on May 07, 2024 9:46am
I wonder if B. Faso is a lot more shakey than ceo is
letting on. Needless to say we all know the turmoil in the area, and the twice yearly coups. So far the lastest coup gov't apppears to be reasponsible, or so we are lead to believe. The danger is things could change in terms of dramatic changes in royalties/ taxes etc. Not saying this is going to happen, have no idea, but who knows. Also if things on the ground are shakey, maybe the local bank isn't looking to make any more loans. If things aren't great in country or the area, maybe they don't have the capital to lend. Certainly not 186 million, and no other financial institution is chomping at the bit to put money into the country.
In short, the stabilty of B Faso may be a more serious matter than we are aware. Like I said, I have no idea.