Member Info for CrustyPete

I would also suggest that before they announce it and assuming the buyer wasn't either ARA or AEX they would need to get the sale approved by the JV partners and the TPDC beforehand.

Thanks from me too Michael. The response to your queries succinctly articulates better than anything I have so far read the potential of Blautix and the relevance of the Phase II data. It ought to provide all LTH's with increased confidence.

It might also have been a good idea to release this same information to the market at large; it is the most articulate and easily understandable summary of the position of Blautix so far released. If this same message were to be delivered to the market at large more people might have the confidence to invest.

Agreed and more specifically an indication of Spud Date. A spud date at around the year's end (50:50 at best methinks) and I suspect we will see the sp continue to rise and hold (by and large) but no spud date in coming days or, particularly, one post April and I would expect to see the opposite.

News on the unpaid invoices would also be welcome because that might give AEX the wherewithal to start proceedings on Kiliwani ; subject, of course to the necessary approvals for the work programme.

The question is now we have the F/O approvals will we see positive moves by the TPDC et al to speed up development or will things simply return to the previous glacial pace? We can but hope for a continued change in attitude and approach.

Majedie can sell as and when they like and now that they hold less than 3% do not have to notify the market.

That said there is no guarantee that Majedie are continuing to sell they may have decided that they no longer support AEX however it is just as likely that a Fund they need to buy and sell as investors in their funds buy and sell. As I reported some months ago the performance of some of Majedie's Funds has been pretty poor relative to their peers and many of their investors have jumped ship to other Fund Managers. When the investors leave, Majedie will have to liquidate the fund to return capital to their investors - this will necessitate their selling many shares within the portfolio not just AEX.

Why so many sells Robbie? Many people have been tied up in this stock for years and had probably have given up on ever making their money back but after averaging down constantly since the highs of 2016 are now the back in the black so have taken the opportunity to get out with their shirt intact. A few others will have been buying quite a few over recent weeks and months at prices below 0.60p and after seeing up to 200% profits have been top slicing and/or taking some money off the table.

"Now we need something like this PR every week- 2 weeks"

The good news about this Board is that they seem totally switched on the necessity and value of regular PR - not least because, as I mentioned yesterday, they recognise the need for a far higher Market Cap for 4D before they attempt to get that NASDAQ listing.

Thank you Gaslady.

Is that Daily Mail piece online Tanz? I have been trying to find it but without any joy.

The "Rampathon" has begun in earnest it seems....

To be expected I suppose.

Arbitrage is a complex and difficult process when one of the markets is AIM.... though I agree with the principle.

Yes indeed swervington and raising billions of dollars in the US does not necessarily help UK shareholders. I would expect there to be some read across between a US valuation and the UK valuation but certainly no guarantee - it simply sees the UK shareholders becoming a "minority interest"....

That said personally I do not see that US listing happening until H1 2021 and there is plenty of news to come in the interim. Moreover I believe the BOD will want to see a much higher Market Cap in the UK before looking for that US listing.

Well if as reported by Tom Reynolds the "operational environment" is improving in Tanzania the BOD need to strike whilst the opportunity presents itself and get our bloody invoices paid!!

Enjoy those whiskies BG, you deserve them :0)

Good to hear from you LT.

Do you still have the same email address?

TS

Oh indeed kempey, Crusty is still a holder and not an insignificant one at that I think ;0) I was posting a little earlier in the afternoon congratulating GL on her bold buys over recent days and some of the other LTH for sticking to their guns in recent weeks and months...

As I said earlier it is a BUY from me now....

Oh and should have changed my "recommendation" - AEX is now a "BUY"... :0)

Well blow me down with a feather! And congratulations all those that kept the faith I commend you. BG, GL well done and GL I am very glad that your faith was rewarded with those recent purchases - good for you and well done - far more balls than me that's for sure.

Probably because they now have an aggregated interest just below a level that would require them notifying the LSE, or additionally because for an AIM listed stock (volatility etc) they have internal limits on the size, value or %age of holdings they have in any AIM listed security.

Is donotpanic Zengah in disguise? After all Zengah has been conspicuous by his absence since last week's RNS....... I will leave you to make your own conclusions about why that might be.

Groover, as I suggested yesterday the RNS doesn't need to be "negative", when the expectations (and sp) have been raised to unrealistic levels by hype and ramp the RNS simply needs to be below those "expectations".