Member Info for Edhellas

Tietto went from 0.15 to 0.7, and is now down to 0.3 again. Tietto's only a ten bag if you look from Jan 2019 until July 2020. Look at it now, it's trading at less than half last year's peak.

PAT went from 0.05 to 0.35 in three months too, yet now we're back to 0.11. We're not the only explorer hurting at the moment and I think we'll hit new highs in 2021/2022.

I feel it's because our projects are in Africa.

I'm assuming we'll have another round of drilling next year at Bassala on top of this one. Expect good results from this, but don't get your hopes high for the share price just yet. I think we've still got many top up opportunities before the market starts to value PAT appropriately.

https://twitter.com/PantheraPlc/status/1405807062164992001?s=19

Taking 14 years and counting, India are great at delaying these things. Don't get your hopes up on India, it shouldn't factor into your holding at PAT anymore.

https://www.business-standard.com/article/companies/india-loses-cairn-case-in-arbitration-asked-to-pay-rs-8-000-cr-in-damages-120122300289_1.html

https://www.insider.co.uk/news/indian-government-appeals-cairn-energy-23819193

That's not happening any time soon. The Indian government are notorious for dragging these out and then being late for payments

Topped up another 9825 shares today @ 15.47p

Only got around 54,000 shares now, hoping to get 100k at some point.

Despite the political unrest in Mali, several foreign mining firms have managed fine, even during the previous coup.

Not expecting anything fast in Mali, but I think we've got a better chance here than we had in India.

That doesn't matter, my point is the political stability of the region and how the local governments deal with foreign forms.

A similar thing happened with Pan African Minerals Group and their mining rights in Burkina Faso. Not inspiring confidence in the Bido or Labola projects. https://www.reuters.com/article/us-burkina-mining-idUSKCN1QV1IU

On the bright side, despite the military coup in Mali a while back, Canadian firm B2Gold had no issues with the license for its open pit mine in Fekola, Mali.

If we can get Kalaka or Bassala going I'll be a happy man, even without any other projects.

I'm hanging like a monkey on a tree.

Will the branch snap or will I get those bananas? Holding for bananas myself. Remember: apes together strong.

I assumed you hadn't got one this tax year since the year just started sorry, have you only just opened with HL? Most my shares are in AJBell and they've been good so far

Might as well open an account with a different broker in that case. Always good to diversify

You can forget about Bhukia for another 5 years at least. Investors need to focus on Kalaka and Labola.

Before PAT I was invested heavily in AMD, the cpu company. They went from $40 to $2 in two years. In the past 13 years they've hit peaks of $97. I see PAT as my AMD of AIM. It has risks attached no doubt, but risks mean potential. If we can get just one mining license out of the seven projects we have, the 37p high we enjoyed will easily return - and then some.

People need to remember this share was 5p not long ago and was recently valued at 28p. It's a very significant difference and we need to appreciate that. If it goes down to 5p again so what? Just hold, buy more if you're brave - a recovery is very much possible in the coming months.

The Mali project alone is worth £1 if it comes to fruition. This share was under 5 p just a few months ago, it rose on the India hype and now it's returning to normal levels. I think you need to calm down.

If we can get a mining license in Mali we'll be in a good position to fund the remaining projects. PAT just needs one break to make it big imo. Unfortunately can't buy anymore right now.

Indeed. PAT needs a mining license from just one of their many projects to kick off the share. Let us hope that the governments in West Africa are more agreeable.

Trying to get money out of the Indian government rarely ends well. International courts will take years to resolve this and it won't be a single payout when we win. They'll negotiate a payment plan and then constantly be late on payments - that's how they are with other companies who won settlements.

Same for me. Bought at 33p. Planning to hold another 2 years then reevaluate based in Africa.