In recent years, London has been the preferred option for Russia/CIS companies in search of capital, which means that, either through ordinary shares or depositary receipts, it's now possible to gain access to dozens of companies with primary assets in the former Soviet states, whether they're global energy heavyweights such as Lukoil, established ventures such as Petropavlovsk, or prospective home-grown entities such as Chaarat Gold. However, there are major risks involved with backing these ventures and investors need to tread cautiously.
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