The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Am not going to lie - the combo of AP and Zim has been disastrous for LTHs here. But while mismanagement and transparency is an issue - and a massive one - with the background demonstrably improved (being that it was politics and policy that was causing the major problem), we now see a way through and out. Look at PREM and George Roach, the dog share of AIM. It has come good and am glad for the LTHs there. They have earned it.
The same to come here. You either get in or add, or you don't .
DYOR and good luck VAST people!
There is a demonstrable, material shift in the mining develpoment and investment environment in Zimbabwe. Previous years of a lack of movement in those conditions has meant little to no progress for the VAST majority of foreign companies and investors and their projects. We now see, quite clearly, those conditions changing and for the better. That alone is worth 0.20p + as it tells us that structural/ systemic/ political issues are no long obstructive.
Then add, the news to come.
The time for people to get in is now. Not on news. The upside is here today and tomorrow etc. Not in two weeks.
PREMs had its rise. ****ibly another 100% there, if news lands right. Whereas VAST, looking at 500%, 600% or even 700%, still go from here, given the news that's en route
As always DYOR, but is a screaming buy from here.