Sentiment4 Mar 2018 12:36
reaction, as much as I admire your optimism, I am quite stunned as to how you can maintain happy thoughts continuously. I am pretty sure you have held for longer than me, so have had to deal with what appears to be endless dilution.
OK, yes, increasing a stake in HHDL, may be a good thing, but not when our income no longer covers our overheads.
NR should not spend any money at all on anything over than keeping us afloat until the monetisation of Ntorya (or at this rate, it could be HH that gets monetised first!) We have enough assets at this moment in time.
The RNS bothers me, as NR states money left over will go towards another new investment in 2018.....Really? Another one?
Unless you have traded the pants off this stock over the years, you must be at a massive loss.
The majority of the posters on here, that have a more negative outlook would all agree that some of the assets are indeed fantastic with huge potential. The problem that we have, is the extremely long timescales it takes to bring any of them into fruition, and being at the mercy of the operators.
The share price is ridiculously low, but unfortunately it reflects the timescales it takes, the actions of the BOD, and the confidence the shareholders have in them.
There are people here that have no choice but to wait, and wait, due to huge paper losses. Thankfully I am not down five figures like some, and I am still holding on. If it wasn't for us holding on, the price would be a lot lower.
What I do not want to see, is everything in Tanzania continuing to take an age, and SOLO going into 2019, being no further forward. Because that can only result in more dilution, and us heading back up towards a billion shares.
I wish you, and everyone holding, all the best.