The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Time will tell on Manica, gold is UP and going higher.
The choices were the devil or the deep blue sea. That's the corner CB painted us into.
We've gone from a potentially bigger return albeit a difficult one that would cost in the short term to blue sky dreaming in Zambia that AA have already had their fingers in ( ring a bell ?)
My investment here is a fraction of what I put in when CB was telling us that BR would me the making of us all, when it gets back to even CB can take his gamble and stick it.
I not currently supporting anything as CB has had my money and spunked it already, he's not getting any more from me.
Amd as far as the majority shareholders are concerned, they are in the same boat as the rest of us but for more money, they are informed as us when it comes to what CB will find as he doesn't know either.
I'm sitting it out like the rest but it doesn't mean I have to like it.
Meanwhile half a PENNY looms large.
The MMP agreement was a license to screw us over basically.
CB should have employed MMP as contractors to process the aluvials at Manica and paid them on results that XTR produced not the other way around.
We were no longer in charge of our own gold mine because it was too much like hard work when CB could just sit back and take whatever they decided was due after the capex they controlled.
I try not to think how much money we should have had out of Manica.
Why else would I be bothered Howezap ?
If I didn't have skin in the game why would I bother venting on this ineffectual platform ?
I'm just venting and it feels good when it ruffles a few feathers.
It's an irrelevance as to getting my money back either way but I can so I will.
I said this on Monday: 26 Feb 2024 09:45
"I think the trading will be in the 5p range by the end of this week if something spectacular doesn't happen."
With a day to go it's nearly there..
I don't get much right but this was a pretty sure bet.
No money, civil unrest, dare I say it a "diverse book " The perfect storm.
I can see a slow drop into next to f@ck all and then delisting.
They can rename Cascabel "Mathers Folly" and call the coffee shop The Greedy Aussie Bar.