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Gabriel Resources: Foreign Direct Investment in Romania

Craig Dunbar; John Peloza;

商品編號:9B14N025
出版日期:2014/09/04
再版日期:2014/09/04
商品來源:Ivey
商品主題:Entrepreneurship; Finance; International Business
商品類型:Case (Library)
涵蓋議題:Valuation;political risk;Romania
難易度:4 - Undergraduate/MBA
內容長度:14 頁
地域:Romania
產業:Mining; Quarrying; and Oil and Gas Extraction;
事件年度:2013

It is year-end 2013 and management at Gabriel Resources, a Canadian junior mining corporation, is attempting to handle investor relations and political tensions surrounding its Rosia Montana mine project in Romania. Recently, the Romanian Parliament voted overwhelmingly against granting the final permit for the gold and silver mine until a more thorough environmental and legal framework is established. Although the company promises that its project will bring significant financial benefits to the state and needed infrastructure improvements and employment in the region, both national and international civilian and non-governmental organizations have protested vociferously against a development that they see harming not only the fragile geographic ecosystem but also historical artifacts that have been a major tourist draw. The draft bill was set to allow the company to begin work on developing the potentially lucrative mine, which has been 15 years in the making and has not yet generated any revenues. Investors are worried and the company’s share price is sinking. How can the company calm shareholder panic and negative stock price movement? What can it do to persuade the Romanian government and people to support the mine? Spreadsheet for students is available, see 7B14N025.

教學手冊:8B14N025
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