RE: New licence12 Jan 2019 12:57
Agree with you Cash2, especially on the front where people have bought in on the highs, and then ranting and raving because of the consolidation. IMPO, this is purely due to lack of research on their part.
I initially bought in on the 9's after seeing the company timelines and thought it was ideal, then the "Drill Mishap" happened, and price fell, but the fundamentals remained unchained as well as the company goals, (As far as I was concerned), so I topped up more, THEN the "Sandabel", issue occurred, and i managed to take advantage in the mid 6's which brought my average into the late 7's.
Why didn't people take advantage of this?? Everyone will have their own reasons I guess, but i'm sure most of it was down to the 'scared risk/reward factor', and less on the fact that they didn't have the cash.
AIM has greater risks than higher tier level stocks, so you really have to do deeper research before putting in your cash, and AAOG will do fine. It'll climb into Djeno results which I believe has an increased COS due to the great progress with the layers above, not to mention the additional new layers.
Even if Djeno dosen't come in, the value of the company is undervalued with what we have already encountered, and once the placings are flushed through and traders have moved on this will find it's true value in the long run.
Good Luck all
Bladey