Good post joe. Some people need a reality check. While the future for aex does look good the very nature of penny oil and gas shares can be unpredictable to say the least. I am not that heavily invested here compared to some but everything is relative. I intend to hold on with everything crossed until 8-10p.
Joe, thanks for your words of wisdom,yes I know the risks and have many fingers in many pies, this here at AEX is the icing on the cake (I trust) . Maybe my exposer here is high but I am well covered and as always if it does go belly up, so be it it wont crash me, buy the way last time I looked it.s guy
I am no financial advisor but you seem like a good guy or girl so I was just a bit concerned when you said this was a large part of your pension plan. It just sound a bit risky. To make anyone share is, but particularly and oil and gas share. I know Aminex is not aim, but it does act like it sometime. For all our sakes I hope this comes good, but there is still quite a bit of risk involved. Of course, you could make a fortune with this, but the opposite could also be true. We still need to find a partner to help us drill four wells by the end of next year or we lose not only the Ruvuma psa, but also some or all of Kiliwani. Jay May have this in hand, and I really hope he does, but there are no guarantees....
Hope it works out for you anyway. Not intending to put a downer on your investment, just my view, which is no more important than yours! Cheers, Joe.
No intention of selling,I will be here until buy out or first set of dividend's this is a large part of my pension plan, just want some news, I know it will arrive when it is ready, just rather impatient that's all.
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