0:00:00but will move on to the next presentation which shows from all student conrad well
0:00:06her and
0:00:08historical the project is analysis of based on precious metal project finance risks in africa
0:00:15perspectives on political commercial technical and legal risks prominence national bank that would you please
0:00:21welcome convert to start
0:00:28the sub saharan region on the african continent subject to be the world's high script
0:00:31region becoming that cases economies of china and india we can to stabilize and plateau
0:00:37many these countries the won't data fast mineral resources including by the base precious metals
0:00:42like gold copper cobalt lead and zinc
0:00:46the economic growth and social advancements many these countries will likely depend on how well
0:00:51these resources are managed
0:00:53due to an existing lack of capital and technological wherewithal on the region for companies
0:00:58often undertake the development of these resources
0:01:00accordingly significant opportunity exists for most really mining companies and investors
0:01:06australian listed firms hold more assets and sub saharan africa than any other overseas jurisdiction
0:01:11of the world
0:01:12so wise of such a small presence of australian banks and institutional enters
0:01:17well the high degree of risk in uncertainty is the major roadblock
0:01:21my thesis was undertaken at the commonwealth bank withdrawal in the project finance not resource
0:01:26department
0:01:27the organization recognises the importance of establishing an offshore presents in sub saharan africa or
0:01:32meaning various conscious
0:01:35in order to conduct this research we designed
0:01:37and indexed and in index to evaluate for major categories of risk
0:01:42the first category political risks examines the likelihood of government expropriation or civil unrest
0:01:49the second category technical risks can include access the infrastructure
0:01:54or environmental regulations
0:01:56commercial risks the third can include a string of the domestic currency or marks to
0:02:00sell the eventual product to
0:02:02and fourth category legal risks conclude item such as resource taxation
0:02:07the project finance when millions of dollars are at stake and many different parties involved
0:02:12research of this nature is imperative
0:02:15the global economy
0:02:16as a mess about type for base precious metals
0:02:19corpora for lexical wiring in households
0:02:22gold is the current series are selected metals never t items like smart phones and
0:02:26computers as well as for the use of renewable energy technologies like wind turbines and
0:02:30solar energy cells
0:02:32the world needs new sources of these models
0:02:34for our continued growth
0:02:37at the identification of risks is the core component of project finance
0:02:41and this index allows us to compare and contrast
0:02:44sub-turn countries on the risk adjusted and quantified basis
0:02:49the outcome is working document the identifies the country the presents
0:02:54the best opportunity for the common bank their offshore project finance strategy