The people on this board are more intelligent than myself so I will be guided by this and stay the course at the end of the day in 10 years time if it's the same price at least with the dividends it will bring my average share price downby half
Supercharger
Sorry if I said you were wrong,I only have Advfn to show the trades
I do agree with you with regards to the likes of Cine,Marstons,Whitbread,Iag,Tui etc,but they are the ones that are rising yet they are making no money.Perhaps when the year end results start to come through the perspective will change
Thanks for you kind words I wish I could just relax and enjoy but if you are not made that way so be it
Mrtibbles
I dnot think i will be around much longer,another 2.5m sell today thats 18m in a couple of days and Supercharger was wrong they are not off the book trades but ordinary trades just like automatic trades,so somebody is selling for a reason
Its lost over 50% since it's high a few months ago and it's still falling 19 red days this year alone
I think something is up
The dividend is going to make a big difference the share price is down by that amount in the last 5 trading days,so it's ok to lose 30p during the year because you get 6p back
They should use some of their cash to do a share buy back
The dividend is going to make a big difference the share price is down by that amount in the last 5 trading days,so it's ok to lose 30p during the year because you get 6p back
They should use some of their cash to do a share buy back
Dasut
In an earlier post it was suggested that the permit delay may be as a result of talks with Emra about Sukari being used by a third party for processing
I was just speculating as to whether this was viable in transporting the ore..I have no idea on the other blocks near to Sukari and any distance 50 miles was just a number
MrTibbles
I looked up the other day how long ig would take to build a mine that produces gold and its between 15 and 20 yrs so in one respect you are right about these little exploration companies,although that is no different to ourselves,will we ever produce gold from our Africa mines I doubt it
It would also seem investors want risk and reward quickly instead of profit,dividend etc,and that's probably one reason the share price is low because investors are buying Greatland or Orusur where you get a 10 bagger in a matter of months and then sell and move on