And ERIS is looking for the stuff? Are the Herd wearing blinkers? I'm not sure how things are going to unfold but Gold is starting to seem a good investment despite my disagreement with MoneyWeek's continuing recommendation to hold 10% in your PF . What's more worrying is a General Election which leads to Corbyn becoming Prime Minister. I support Socialist principles but it will lead to a rapid rise in interest rates, the pound plunging (before rising) and the UK Stock Market plunging (and possibly continuing to plunge).
You make some very good points! And there is certainly "plenty going on". Not least the question about the correct spelling of PXOG's largest shareholder's surname. If you're correct he might own the largest independent dairy company in the UK but there are plenty of other people with the same name. What your information does prove is Ockerhillian's failure to differentiate Nominee Accounts from Institutional Investors.
I added AML to my Watchlist a few days ago and it's risen ever since! But I still think it's overpriced! Maybe I'm wrong but Aston Martin doesn't have to keep making stupidly expensive cars. In a post-Brexit world where tariffs will have a huge impact maybe Aston Martin can surprise everyone with an affordable car that undercuts the EU opposition? Post-Brexit Backing Britain will really mean something.
Only wish I'd sold @ 13p and bought back @ 9.5p - a free £6,650 for pressing two buttons but who can afford to be out over the weekend? £6,650 might've cost me £1m but I've been thinking that for far too many years. Sooner or later £1m will appear in my account and then I can invest for income and stop worrying about ZIOC.
Right again! Not sure why anyone could think PXOG is worth investing in. Apart from the ancient axiom about investing while others are fearful etc. It's OK to say that once you're a billionaire and you can afford to lose $millions.
Good luck to all PXOG investors who refuse to throw in the towel! Maybe we'll end up smiling...
I was commenting on the UK domestic market. As far as I know DHL is international and doesn't deliver Amazon parcels. I may be wrong as it's been many years since I worked as an agency driver for DHL. £500 per week for doing very little is my main memory but it was a very long day.
...has Woodford invested hundreds of £millions in RMG yet? Probably not or the SP would be over 250p. He's reported to be investing in income stocks and you couldn't find a better one than RMG.
Future yield at 250p is at least 6% and possibly much more despite negative comments. Who wouldn't want to invest in the further growth of Internet sales? Picks and shovels etc. RMG could end up as the only player as competitors go bust. I've noticed some of my Amazon parcels have recently been arriving in a Deliverwize van - their "employee" reviews look very suspicious! No proper courier would ever comment on the weather!
You've been negative for as long as I can remember - why didn't you sell your 4.5 million shares long ago? You're perfectly correct that the vultures will now make money. After all, timing is everything as we all know. "Fortunately", PXOG is now my smallest investment having lost 75% of its value so I only need a 300% rise to get me back to where I started. What are the chances?
Not great but maybe Spain will solve everyone's problems. I am not tempted to average down as there are too many other opportunities elsewhere not involving oil & gas.
Can't get my head around your response to Sootysnipes:
"No, actually three reasons : thirdly, the moment GLEN went public with a derisory offer, A.N. Other Co would counter with a higher, either to snatch ZIOC for itself or at least force GLEN to use resources here that might otherwise be used to compete with A.N. Other Co elsewhere...."
Who are A.N.Other Company? I think you know. If the Zanaga Project is worth investing in then GLEN will be the first in line and paying the most they can get away with.
Which has to be at least 200p or am I missing something?
Whatever happened to the SP yesterday? Following a very positive RNS (as if they make any difference!) I took the opportunity to increase my holding 128% as tiny miners often outperform.
And this one has two much bigger companies in bed with them. And they have exposure to Gold which seems to be taking off. Just imagine the SP increase if they find some! And there are very few shares available. Job done!
Beginning to think the Herd is more like a very small group of animals i.e. 2. Obviously, the Twitterati have overlooked ERIS. No bad thing but fortunes have been made and lost investing in thin air. Investing in ERIS feels like turning up for a party and nobody else does. Keep The Faith! and play some Northern Soul while you're waiting.
I can see where you're coming from but most of us would rather believe Fruitster's "possibly 700p in 5 years".
It won't be 700p because by then Amazon will own RMG. Maybe by then Amazon will own 10% of the companies on the planet! It's not impossible. Huge wealth generated by one behemoth has to be invested somewhere. And all the time the behemoth grows fatter the other companies' values are falling... There's a tipping point where Amazon can gobble up every company it wants. Ultra-Capitalism and it's not healthy. Or is it? Amazon could have a huge impact on saving the planet which would be in its best interests - unlike most politicians who only think about being re-elected. Their days are over. And probably the rest of us too. Air travel is the killer - ONE day at Heathrow = one YEAR of Croatia's pollution.
I hope you're wrong - the eggtimer is against me and many other shareholders. As things stand I will have to continue working past retirement age until ZIOC finally delivers. Maybe that's no bad thing - had 3 days off this week and was bored stiff! But at least I managed to get my cambelt changed and have a haircut.
Aren't you a wonderful human being accusing another poster of being financially illiterate - wasn't it the so-called financially literate who cost the rest of us £trillions? And "pretty unique" is an interesting phrase - you must be American!Would you also say "pretty pregnant" or "pretty dead"? You probably would.
Why do you think nobody's interested in buying Royal Mail? It has the infrastructure to reliably deliver to EVERY address in the UK - why wouldn't Amazon be interested? Wrong deliveries must be costing Amazon a fortune if my experience is anything to go by. Two deliveries to the same wrong address were refunded only for the lady from the wrong address to turn up on my doorstep with my parcels! I used to be a postie when it was a licence to print money but times have changed. But posties are still relatively well-paid which ought to motivate them - a fact I have presented to my employer who pays me £2.70 per hour less than I could earn delivering letters. And my employer is a listed company that makes a big thing about looking after its employees. Ho! Ho! Ho!