Sunrise Diamonds plc
Financial & Risk Review
have enhanced environmental and social permitting risks, risks of strikes and changes to taxation whereas less developed countries can have in addition, risks associated with changes to the legal framework, civil unrest and government expropriation of assets.
Partner Risk Whilst there has been no past evidence of this, the Company can be adversely affected if joint venture partners are unable or unwilling to perform their obligations or fund their share of future developments. Currently the Company has no joint venture partners on any of its projects.
Financial Instruments Details of risks associated with the Company’s Financial Instruments are given in note 20 to the financial statements on pages 27 to 28.
Key Performance Indicators The Board considers that normal performance indicators are not appropriate measures of the progress of an exploration and development company and refer shareholders to both the Operating Review and the Financial & Risk Review for further information on the Company’s progress during the year.
Forward Looking Statements This Annual Report contains certain forward looking statements that have been made by the directors in good faith based on the information available at the time of the approval of the Annual Report. By their nature, such forward looking statements involve risks and uncertainties because they relate to events and depend on circumstances that will or may occur in the future. Actual results may differ from those expressed in such statements.