I suppose 19p is fair for a company with non-producing assets, zero pending exploration and no cash in the bank? Hang on a Minho, this is Amerisur in Columbia yeah.....reminds me a little of the stitch up in Ithaca! Modern day "stand and deliver" imho
No long termers here deluded, share price here is same as it was yesterday.....value to me unchanged. Measuring confidence though, well that's for individuals to decide. Very much looking forward to coming announcements from Zaza, but each to their own. Weasels trying to influence my optimism better find something else to do with their lives in the meantime
RE: Yesterdays news - the significant bits.12 Nov 2019 14:09
Yeah much better that the government jump at the chance of pumping millions again into a foreign company tinkering with our steel works, than supporting a truly UK project supporting U.K. jobs UK finances and world food productivity?
John...….yes a long term holder, but nowhere near such a loss. Have taken advantage of these prices, but also along the journey have been in and out with a portion of my investment and made good profits. That's a tactic I use on most of my holdings, some even are in a 'free-ride' position. Not here I might add, but the price at this level carries a reasonable risk/reward. We have a fantastic asset, just need a partner/s.
The drop is done now here, give or take small single digit %. Risk is priced in, uncertainty at a high and any possible dilution fully considered. A good bet from here so looking for more over coming days. Cost savings identified, strategy for separating tranches for finance and discussions happening. It's going to be a good Christmas!