RE: Baffled30 Sep 2019 17:21
I haven't been de ramping Antony?! . If you read my texts I clearly state I think inishkea will come to something. I have no idea when? It could be one month it could be another year.
What I have done is crystallise a taxable loss and tsf to a tax free vehicle at exactly the same time so I hardly profited from my de ramping?!
Let me be clear though I am very critical of the mgt because I believe (IMHO!!!!) that a lot has been wasted chasing G&G dreams, from that which was inherited from the previous mgt, who at least had an excellent diversified base of potential assets which spread the risk more imho. I bought for thus not an Irish dream of mega finds.
By the way I could have got my inishkea assumption totally wrong. Just because there has been a minor discovery on the block certainly does not mean there is anything commercial there. There are also other "nearby" blocks with (IMHO!!!) equally compelling geology.
I genuinely wish all holders well here, as any increase in share price helps us all but if someone mis states things I'll always give my opinion.
You'll all be glad to know I'm a little busy now so will not be able to post for sometime!!
Best of luck all.