RE: SP Drop13 Jul 2019 22:25
M20ASH: Fair comment from you and I don't disagree. I've had a bumpy ride with oilies in the past and I avoid anything in Africa like the plague (no pun intended) 'cos the regimes can be dangerous or just too corrupt.
Johnpwh: "With AAU we may be entering a period where the news becomes 'more of the same' - production figures ok, transition to other pits ok, Salinbas RC drilling progressing as permits allow and finding mineralisation per the model as expected etc. " That is pretty much exactly where we are and you have to consider whether you need to ignore the rampers and take profits fairly soon - say at 3p if my own forecast is correct for 2020 or most definitely if the sp heads nearer 5p (which I feel is unlikely so soon). I'm sure many of us on here have sussed out other opportunities, perhaps right now, but for a while we have decided to stay with Ariana. I have had money locked away in AAU now for several years and quite frankly I want to limit myself to short-term profit makers in future or perhaps investments with high dividends. Sirius frightens me because of its projected costs, build time and technical details. It might turn out to be a "pipedream"(literally!) . For what it's worth, Tony Blair enthused about it. Who is to say that similar deposits will not be discovered elsewhere fairly soon which could be more easily and quickly exploited at far lower cost?
talco: LOL ...if by referring to "pauli" you mean that idyit Paul DEANO ( as opposed to admirable Paul280i) he does seem rather pre-occupied by rectums and anything sexual. Both both Johnpwh and myself have him "filtered" on here. Presumably he must now have offended you somewhere along the line - but there are plenty of indications of his "nutter" status if you look back on LSE boards. "Deviant"comes to mind. But I digress.....Brexit talk is rather deemed "off subject" on this board though I do believe what may (or may not) happen to the UK fairly soon is impacting on share prices (including AAU) and the worlwide value of sterling. You are already seeing instances of what you were warned about, such as car production being phased out and many global entities moving offices or opening new branches in Euroland. Sir Richard Branson , albeit somewhat peed off with the present regime for the loss of his rail franchise, is also painting a stark picture of what his Virgin companies might have to do which has been recent news. The bottom line is that, should you leave, you could be going forth with no leverage, few manufacturing operations (in comparison with your industrial past) and facing huge competition from SE Asia with its cheap labor and less government/environmental controls. Here's a thought and well within Subject (before someone whinges!).....Just say the EU finally agrees to admit Turkey - thus bringing in a high-populace country to replace Britain's former subscription as a Member
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