Member Info for johnpwh

Speaking personally I would prefer a period of stability at this level without wild swings in prices. Sadly, for obvious reasons, the world at the moment is not a calm place likely to allow that

Well said Kammi. Unfortunately there are people in this world who think about only themselves.
Go on Clintek, **** me off as well. Give it your very very best, come on really use your imagination. Dont let the thought of incinerated and limbless children constrain you.

I regard Ariana as a mistress. At times you get hopeful that this time you have found the one you have been searching for, only to feel she's a no hoper just a couple of weeks later. I can't remember the last time Ariana and I enjoyed a 'really good night' together.
I think I may soon be the time to take a leaf from Paul Simons songbook and 'make a new plan Sam'. Except my names John of course, but you get the gist.

Sorry Bres but personally I don't like to see Ukrainian children suffering terrible wounds, starvation, drinking sewage, or dying of hypothermia due to utilities being cut off while I eat my lasagne in front if the telly in the evening. Maybe I should harden up like you.

A few on this board should search their consciences.
Support for Putin, a man on a par with Hitler and Stalin while children in Ukraine are dying due to lack of food, or due to drinking sewer water, or being blown to pieces? Because you hold some shares in POG or POLY and want to make a few bob? Sickening

Not being unhelpful, but I think you have as much idea as the rest of us to be honest!

Disappointing

This is a crazy rollercoaster!

Oldfinger
Have you ever considered writing something intelligent in your posts? The things that arrive from your keyboard are pathetic. How about surprising everyone and compose something that shows you understand at least a little about one of the companies you invest in?

I imagine tomorrow will be a blue day, Many people have their accounts set to auto reinvest of dividends and people may think that todays RNS is something to justify. Even with a well regarded RNS LSE is showing only 18 trades. So with many reinvestments in theory should be good for the SP

And the latest drop? Why exactly?

But then again I have just seen the FT story about BP investing a billion in charging stations!

I suspect that the lack of any measures to encourage EV usage in todays Chancellors Statement is the cause of the general drift down today

To clarify by shuffle off I mean turn my toes up, not shuffle of from being a AAU S/H!

Hi shareminator
As DJ said, your 3rd paragraph is spot on. However, try as I might, I believe the knock down sell off of Turkish assets just left such doubts in my mind about the BoDs strength and weaknesses that I cannot get away from it.
In truth, I'd probably be best off out of AAU.
Again, like DJ, I'll stick with it until at least the truth behind the Tavsan timetable FINALLY becomes clear. I may then exit completely or scale bag significantly (SP and market liquidity allowing.). Unless there is an upset in PM prices then after a possible adjustment for Tavsan and maybe Venus IPO I just forsee a whole load of sideways movement. I have some doubt I'd even see production at Salinbas before I shuffle off - the suggestion of production at Salinbas in 2025, appearing in the most recent presentation 3 months ago, strikes me as a bare faced lie.

I'm personally not interested in early stage projects, but that's simply my own investing preference like avoiding companies predominately in Africa. I've seen too many start up mining, oil & gas and pharmaceutical companies who create initial excitement and short term SP spikes followed by years and years of fund raises and low, flat SPs. AAU was one of them, PMG another etc etc., there are many. Early stage projects now will just hold AAU back and divert the management attention (as if that were needed).
We had 50% (or was it 51%) in RR that was just producing and just debt free, with Tavsan on the near horizon, when they rushed to sell into the new JV. Just think what net cash that would be throwing off now and over the next few years. Add in Venus with production in hopefully the next 2 years. Then the big one, Salinbas, which needed a partner but, imo, should have been as a separate JV with no sweetener of 53% of RR thrown in. With the size of Salinbas did AAU really need Asgard and Kosovo? The are just attention diverting froth as far as I can see.
The evidence to me is of good explorers but probably pretty lousy businessmen especially with the board WFH all over the world with other irons in their personal fires. Unless of course this is a lifestyle company.
I know others will disagree, probably strongly, and they could well be right. But that is how I feel now.

Hi LoB
They aren't really here though. They are just a major investor/ shareholder so what income they get from Cyprus will be from dividends as a Venus shareholder. Seems to me their effective interest is diminishing, and will reduce again by an (as yet) unspecified amount with the IPO - we don't know as far as I am aware what dilution of Venus shares will be involved.
I am with Levi and others on this, AAU have retained funds from the Ozaltin JV participation (or politically orientated gift as I tend to regard it), so what are they doing with that money? If Cyprus is so promising, with both precious and EV metals, then why not employ the available capital to increase AAUs interest there. Cyprus is a stable jurisdiction, very important for miners in my view since most viable mineral deposits appear to be in areas I would not wish to invest in.

Didn't last musicman.
I had share through BCN and have added several times since for exposure to the Lithium market. I am rapidly coming to the conclusion that this is one for the bottom drawer rather than constant monitoring

3.725p to buy, 3.63p to sell (100k).
Seems the market isn't as 'pleased' as Dr. S is.
Moral: beware the AAU RNS which includes the phrase 'is pleased to provide'....in my experience this usually results in a SP drop.

Sadly that puts an end to my hope that IPO would be pulled and AAU would take either a more dominant position or even outright ownership in Cyprus. In that sense Cyprus is just an investment with AAU a significant shareholder.
Thought production was supposed to be more imminent than this (purely from memory)? Just another slipped deadline?