Compliance theatre
Tick-box schemes — shell partnerships, paper training plans, last-minute supplier swaps — fail diligence and often fail operations. Regulators and counterparties have seen the pattern.
Design early
If a licence or offtake depends on local participation, the partnering and capability plan belongs in the thesis, not in post-deal cleanup.
Measure what transfers
Jobs, procurement value, and skills transfer are different things. Pick the metric that matches the rule — and the metric that matches your own risk.
Advisor role
Our job is to make the trade-offs legible: speed versus depth of localisation, control versus access, optics versus durability.