NM, only a fool goes to the bookmaker when he is worrying about paying the mortgage.... Most investors don't bet. There will be hundreds of opportunities (bargains even) in the market over coming months and they will be there on "fundamentals" in Global or even National companies with long standing track records and consistent delivery. Most institutional investors will not even be thinking about AEX and their ilk. Had we already got a consistent and reliable income stream it may be different but, as yet, we haven't.... Even when we do how will that income, on it's own secure our long term future and their long term investment? KN1 has a limited lifespan and income curve - what after that? Dreams and possibilities....
I hope someone will be listening to good news from Aminex(otherwise we probably should just give up hope!) - so far they have not given us confirmation that Kiliwani North is pumping to potential. All I'm looking for is some good news which can build some momentum in the sp and stop it sliding down. I do appreciate what you are saying about the general situation at the moment and the loss of a Trillion or so lost in value on the stock market. However, if you assume an investor is logical and wants to make money and believes in a company then if that company can build on some good results hopefully in time we will get an upward trend in the sp. Given where we currently are just don't ask me how long it's going to take - who knows! GLA
I thank you for the plaudits Martin and share your views 100%.
I apologise for my mini outburst earlier but in mitigation have to say that I find it both infuriating and tiresome that many of the same people that complain endlessly about the so-called "manipulation" of the AEX sp and market imperfection or "stupidity" just cannot (or will not) accept that it is largely down to the BOD's actions, lack of delivery, TZ associated risk and their vote for a brexit that the sp is where it is.
And they will continue to complain without accepting or acknowledging that they, by their actions, have made it many times more difficult for the BOD to deliver on thhat sp rise.
That is a very inventive way of ensuring that the BOD never get to exercise their options. Well done chaps.
Having held AEX since they were called Eglinton (renamed in 1991 !) I feel I've seen my share of ups (few) and downs (too many to count). I've enjoyed watch this BB for the last couple of years, but it still amazes me that numerous posts that insist / claim / pontificate that the share will be 2p, 3p, 10p etc by tomorrow / next week / last year !! I thoroughly enjoy reading the more detailed analysis, put please try and be balanced - all is not rosy in the garden - no matter how many times one says so or that there is $1m profit per month - the markets are not perfect, but clearly they do not believe that story, and even if there was that much cash from KN, it won't make it;s way to shareholders. The opinion of the markets is that AEX will not utilise the $1m to the shareholders benefit.
There is massive risk in TZ and that to some extent is factored into the SP.
Having floated my own company on AIM (and retired at the old age of 46 !) - and yes I know AEX is not AIM - I have some sympathy for the BOD and their actions - but the motto of under commit and over deliver seems lost on our BOD. Notwithstanding that please continue analysis, esp CP, KEV and TT, but its not a football team that needs to be cheered on .......At times I feel that I'm in a creche !
Northern magic, whilst I agreee the news would be great news, who the ell is going to be listening??!! Do you really think that, in the midst of a potential economic, political and financial meltdown anyone is really going to give a toss about AEX...?
Now I actually do not think that it is as bad a situation as many have predicted (and are still predicting) the fact is that until we are on more of an even keel no-one will give a flying f**k about AEX. Tanzania and even less about Helium...
We have a storm to ride out. Peculiar, or not, that the same people that could not understand why it was the the world did not have the same complacent, blinkered view of Aminex's amazing potential cannot now see why the whole world does not share their view of why the brexit will be "allright in the end"....? The trillions of pounds of lost value on the financial markets just proves how bloody naive they are.... ********s.
Firstly I thought this Helium discovery was a joke on the message board . I just Google Helium Tanzania and to my amazement it's True .
This can only be a good thing to get Tanzania in the press all over the world . Plus with write upa that it was linked to drilling for oil and gas can only be a winning combination . There is a God after all looking down on the long term holder as give them there just deserts in a couple of years for their patience holding Aminex stock . This is fantastic news . Sure the king Jay B will be rubbing his hands with glee on this bonus discovery .
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