Risk Management

The company has considered risks associated with its business opportunities and operations. Risks are assessed based on likelihood and impact of occurrence on a low, medium, high scale. Risks are accepted for treatment over a period of time dependent on criticality. The objective is to review and mitigate the highest risks on a quarterly basis.

Risk Acceptance
Impact Likelihood
Low Med High
Low 36 mos 12 mos 6 mos
Med 12 mos 9 mos 3 mos
High 6 mos 3 mos 1 mos