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Post by resistk on Jan 30, 2013 18:34:43 GMT 4
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Post by Sapphire Capital on Jan 31, 2013 5:50:58 GMT 4
After reading the article on the link I wonder what Kilimnjaro and FGE are thinking. First Kilimanjaro takes a chance or better gamble to contract with a non-existing entity or at least an entity which has no authority to contract, frankly something Kilimanjaro knows very well and just hopes the situation will change; than Kilimanjaro goes on and transfers some of these rights to FGE.
Even if FGE knows and takes a chance or gamble, it does not make much sense beside public relations, or do you foresee Cmeroon falling apart soon?
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Post by resistk on Feb 1, 2013 2:55:57 GMT 4
Kilimanjaro invests in three regions in West Africa at present: Cabinda, Biafra, and Southern Cameroons. Southern Cameroons is the anglophone part of the Republique du Cameroun and includes the oil rich disputed Bakassi region. President for Life of Cameroun, Paul Biya, is 80 years old. Southern Cameroons backs up on the porous Nigerian border (Niger Delta - Biafraland). The odds look very good for devolvement in the near future with or without a Nigerian implosion. Let the market decide. But those who took a flyer on Kurdistan (Iraq), Somaliland, the Saharawi Arab Democratic Republic, South Sudan, Kosovo and Puntland have done very well indeed while investors in the internationally recognized Somalia TFG suck wind.
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Post by Sapphire Capital on Feb 1, 2013 6:45:55 GMT 4
Southern Cameroons was the southern part of the British Mandate territory of Cameroons in West Africa. Since 1961 it is part of the Republic of Cameroon, where it makes up the Northwest Region and Southwest Region. Since 1994, pressure groups in the territory have sought independence from the Republique of Cameroon (La Republique du Cameroun), and the Republic of Ambazonia was formally declared by the Southern Cameroons Peoples Organisation (SCAPO) on 31 August 2006.  If Nigeria disintegrates and all these other small states are built you will probably see a World War III in Africa over resources control. |
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Post by resistk on Feb 1, 2013 8:08:54 GMT 4
Nonetheless, Kilimanjaro did not invent this model; Jarch Capital invested in Darfur leaseholds etc. and a number of AIM listed oil exploration companies have obtained future contingent licenses from the Saharawi Arab Democratic Republic. Rather than speculate on a hole in the ground, the punters can now leverage their funds even more effectively by betting on regime change where they know the resources exist. Market driven regime change could upset the status quo but similar paradigm changes brought about some of the most profitable public companies the world ever saw - The British East India Company; Hudson Bay Company; etc.
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