RE: Over reaction once again from market................14 May 2021 09:27
Reading both Fortitude post and Tarquinpike post this morning.
Firstly Tarquinpike aye total balls up by management. Previous RNS badly written and this one is the same tbh especially with comments like “assume” written in multiple times
I have been training AIM shares for 10 years now. One thing I have learned and understood is companies get away with murder, I have had oil discovered (desire petroleum) turning into it was only water they found. I have had sound oil (sound energy) that was pie in the sky and hyped up so much by CEO. Cloudbuy where they were going to take over the world and beat Amazon. Even Kennedy ventures (kzg) on many occasions deceived shareholders into believing things were happening to then get hit with share right issues after being told there wouldn’t be. They all have one thing in common. They can say what they like without any penalty. It’s the PIs that are then fuked over.
The one thing that stands out to me though is LJ and as much as I have been very critical of him in the past. I have watched interview after interview or him, read RNS and researched him. He is someone in procurement terms who has integrity and ethical and that comes across in his interviews. Reason I stuck by the company was because of him and listening to his interviews.
What am trying to say is yes we have had a set back, but in AIM investing, we always have set backs. To me the main thing that changes is time. I have plenty of time as my investment strategy was hold and buy more if it dipped at certain points and I had funds to buy more. Those in for 10% gain etc, better buying crypto, the demand on electric vehicles, storage batteries is there for all to see. I certainly won’t be selling on the back of yesterday’s RNS, it’s just another red light on the way to your desired goal. One thing is certain in my opinion. We have world class mine, LJ at the heart of the operation, high class grades, the future is good. Very good. You will still make a profit out of this company but it depends on if you have patience like me.
Good luck all FB