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Excellent posts but what is all this about LTH !!!!!! Only floated just before Xmas 2020
LOL
Amongst all the stuttering which DM copes with very well, they know for more than we know for sure. I think with seepage to the surface means more to him than it does to us ! I always have a caveat on the political situation they now have a Muslim President so that should bode well for political stability as Zanzibar is Muslim and requires their support to appoint a New President. Let us hope they are more forward thinking than most African countries !
DM did say that Tanzanian has come to the end of the rainy season, not sure that is quite right as Kenya starts fingers crossed middle of April and it lasts until the end of May and the rains come up from Tanzania with the monsoon change probably will not stop what they are doing anyway !
Company Profitable, No borrowings, and moving forward
No fast enough for some but we see a steady rise in the Share Price
A long term hold not a Day Traders share.
Not quite sure why people post Caveat Emptor as they must not be invested so why are they bothering to post negative posts ! Ah I got it "derampers" trying to get in at a lower price !
Lovely jubbly ! Keep at it boys !
It was obviously a joke that Magufuli was not corrupt !
All Presidents on the African continent are corrupt ! But as brother said as a Remainer that all Governments are corrupt he was including the EU and the UK Government
A bit like Princess Pinocchio elements of truth amongst the lies !
"Pre-Ordered and previously announced equipment " what the hell does that mean ? Does it mean its paid for ? that is more relevant better to have said we await delivery of the the ordered machinery. I smell a rat more dosh required !
I spend quite some time in Diani south of Mombasa not far from Tanzania border !
The sun shines and beaches are beautiful
and the sun shines most days and it is not so overcrowded plus off Dar you can lie on the beaches of Zanzibar !
Good place for young children see a different side of life !
No sure your thread is very appropriate, their tweets are nothing one can hold your hat on !
They show working machinery but what capacity, the employed a Production Director so I surmise they are having problems with production and processing what I find quite amazing that once in production they have released so little information to "owners" I personally do not trust AP but they have a BOD so presumably they must all agree with his management or they should have removed him ! Mind you he is a rather large shareholder
On the other hand they do not need to raise money so why release information to bolster the SP for Placing !
Nothing wrong with the business how many companies have over £200 million in the bank with a MC of £455 million ?
As has been said IG having some influence, and of course the so called end of lockdown
This is not going away this Virus, the ability to test, and treat will always be there, and of course vaccines
As the demand for oil reduces which it will then "solely" helium plays will be the major producers not Oilfield that will be closed down of which Helium is merely a bi-product.
China has a beef steak in Africa, when the President of Kenya mentions Jack Ma in his speeches you know they are ! He has helped then financially to battle the pandemic which has affected them far less than us !
AVACTA has a larger MC that NYCYT !!!
I see a big jump coming just waiting until £7 to pick some more up
Sorry about the double post I think they were checking to see if "white" man was a ****** comment ! delay in posting
Be wary of investing in a country that is basically corrupt, just hope they have a man on the inside with Magufuli.
I do have some knowledge of the political situation in Uganda Tanzania and Kenya, the politicians are basically corrupt but I have always found the locals very friendly, but it goes without saying that the African sees the "White man " as money, they only think about today not tomorrow, some do but most don't !
Once this is proven up the Chinese will all over this like a red rash !
Bought 20000 more yesterday !
Always be wary of investing in a country that is basically corrupt, fingers crossed that they have a man on the inside with Magufuli ! The african is I have always found very friendly but they think about today not tomorrow ! I do have some experience of Uganda, Kenya, and Tanzanian politics ! If it is what we hope it will be there should be enough to go round, but I suspect once this is proven up the Chinese will be all over this like a red rash !
Having said all that I have just bought another 20000 ! The Tanzanian police are a force to be reckoned with they still dress as when we ran it ! They are poor and with the "White man" they still see money !
Where has everyone gone !
Bitcoins that is where they have gone !
Good luck talk about a Ponzi Scheme !
I like the "billion dollar" company bit so £750 million
Steady rise here !
We are leading the World !and Open are at the forefront of that World
18th May 2020 at 15 pence
22nd June 2020 at 18 pence
10th September 2020 at 15 pence
9th December at 13.2 pence
As the song goes "when will it ever end"
The Directors run a company on behalf of the Shareholders according to Company Law
This lot appear to do it on behalf of themselves
Great asset but in poor hands
I do find it extraordinary the we are a MC of £558 million and Avacta has a MC of £468 million
We have produced some great results loads of Cash in the Bank and continue to develop as a business
and where are avacta ?