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Andy - Tue, 27 Dec 05 :

paperking,

I think you are talking about the signaure bonuses, which cost SEY, I believe, £15 million.

As yet, there is no indication that anything untoward hapenned to this money, nor that the new junta are trying to renege on the deal, so until any such time, I prefer to presume all is well.

Even if they were making additional requests, this can be dealt with in different ways, ala Oxus in Uzbekistan a year or two ago, where a special "tax" was agreed after a dispute!

I agree with Hectorp above, if country risk makes you nervous, than maybe oil and resource stocks aren't the correct sector for you?


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