unfortunately...30 Sep 2020 23:25
I have been supportive for AEX for many years, but I dont see Tanzania govn to play ball with us and give us what we wants by the stated date, which is only several days away.
Tanzania has been playing hard ball for many years, they wont budge this time round.
the way i see it, most likely we will not get the farm out approval by 15 Oct. so what will happen then?
= either we somehow extended one more time, with much longer period
= or ARA finally gave up and ended the farm out
so, if farm out is cancelled, what will happen to our assets? our share price?
this will be nightmare.
I sold part of my long term holding today, and still have more, but the risk has increased significantly
I may revisit whether to sell the remaining over next few days.
for my sin, I topped up RBD and VAST today as I can easily recover losses made here, over there.