PRU 0.56% $2.68 perseus mining limited

I didn't see John's original post, but have lived in Zimbabwe....

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    I didn't see John's original post, but have lived in Zimbabwe.

    The government took a % of USD earnings, from exporters/miners in return for Zimbabwe $ (hyperinflation was rampant).

    Later the government mandated a 51% indigenous ownership in all companies.

    Sovereign risk is very real when a countries forex reserves gets tight and the above can be used for political gain.

    google "zimbabwe 51 ownership"
 
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