Member Info for Davie46

We all have our own opinions on this company as everybody is entitled to, I for one have written off the loss from this share ( at least in my mind,) and don't expect it to recover any time soon, if ever.

Far too much hype on here, this share is a very risky investment as are most aim companies.

I take it your post under the heading Re good time was not aimed at me.

Can't see anything straight forward about the heady heights of 2p,it will take a long time if ever to reach that SP.

The momentum has stopped and looks like retreating now.

When you check again in the spring your shares could well be worthless.

Need to go up a hell of a lot more than this to put a smile on my face, and could end up on the slide again on Monday. If it keeps this momentum up for a couple of months then I might just might begin to believe in it again.

The words jiggery pokery come to mind in connection with this company. First of all when I invested my hard earned cash it was for a potential iron ore mine with great prospects and a rail link already there to the port, all be it owned by the mine next door. Then with the crash in iron ore price all of a sudden we had a world class gold mine where the gold was near surface and cheap to mine. ( can somebody from sula tell us where the gold disappeared too or did the samples get mixed up from another mine company ). Now we are expected to believe that the coltan is so good a prospect that the company is changing its name to reflect that. I ask again where is the gold, or do we plan to sell that off to another company which no doubt would be connected to Roger Murphy.

Seems they have run out of options regarding gold so start afresh with cobalt. This time next year we will be on our 10th RNS telling us that the results have been great, and so we start all over again. Don't believe a word they say, the only thing that will convince me this is going in the right direction will be if the share price hits 4p. Why abandon the gold when they have spent money on extracting it from the near surface, was it all lies that test results had been great.

deeper and deeper in the poo, just as well I have written this investment off in my mind. I thought old Nick was bad enough but Murphy seems even worse. Skulduggery going on in the background maybe, feel we are getting manipulated here.

Your right, no faith at all.

Another diversion to hide incompetence and skulduggery. First we had Nick telling us what a great iron ore find he had, I admit he wasn't helped by the crash in iron ore price. Then they turn their minds to an alleged great find in gold, not only that but the gold was near the surface and could be extracted cheaply. Then along comes Roger Murphy with all his mining jargon and now have a company that is rebranding from Sula Iron and Gold to African Battery Metals (Cobalt ). It would appear we have spent a fortune trying to prove up a gold mine that is now not profitable hence the name change and now we have to try and prove Cobalt exists in a minable quantity.

This is just a typical Aim's share, in other words crap. They think very little about shareholder value and the directors only look after themselves.

This just goes on and on year after year, more drilling , more samples and more and more. When the hell are we going to get some shareholders value. I think probably the answer to that is never considering the number of shares in issue. The early days it was never Sula's intention to mine the site, they were to prove up the iron and gold deposits and sell or jv, with that in mind it is obvious nobody has been sufficiently taken with the results to date to sniff around.

Another Aim's share I can right off as it is obviously heading down the toilet. Sad to admit I got taken in by Nick's claim of the iron and gold that was on the site, because it has become obvious that it was all a work of fiction. This will just carry on down and down unless a miracle happens to come along..

On its way out me thinks, not long now till I am put out of my misery.

A lot of the posts on these sites are speculation about good news coming, this or that is expected soon, all the information that is made up out of peoples wishful thinking or as I said speculation. As for me having AIM shares and still being here that is easy to answer. I am down what is for me a considerable amount of money and feel it is pointless to sell up and pocket the few pounds that the shares are worth. I might as well leave them and if they go up a few pence lessen my loss, if they go out of business then from where I am now it is just few pounds.

My experiences with shares on the Aims market are not good, I don't listen to all the speculation as that is all it is. Even some of the RNS's are very evasive in their content and to say the least not helpful. I am sitting on what is a large loss for me with this share and nothing would entice me to buy more, in fact if I could get anywhere near the price paid I would be very happy buy but not holding my breath.

Looks like the market doesn't like the talk of a link with Ladbroke.

Maybe they are like some other shareholders on here and would just be glad to get out without losing their shirt. My shirt has long since been lost on this piece of crap.