James I was referring to what the Chinese are doing. Not what I want to happen. I've lived in Coggee for years back in the day, was in Brisbane before the lockdown for a trip, I like Australia and the Ozzies. My post and previous posts have been highlighting what's currently going on between China and Australia. GLA Vile Vulture
Good interview, he does say that the next trial will be three times larger, and although he says the balance sheet is ‘strong, positive’, I suspect a ‘R-word’ will be needed despite the mention of partnering out. In his previous interview, with proactive I think, he also left that door open, always leaves a cloud over the sp. band aid approach is the best way. 4D will be big though.
Fair play to VALE. “ Zanaga better get a move on, then !”.....well we all know that ain’t going to happen. AT still playing with a Lego set in a bathtub trying to imagine how his floating port will operate..lol
Bitcoin is on another run, maybe we should rename ourselves Zanaga-Coin, might be able to get an exit that route
A little tad bit, so the Australian housing market has by many been called a bubble as of late, with mounting concern due to the amount of citizens depending on the ‘keeper’ programs. Chinese media have been warning its citizens about a possible 80% crash in the Oz property market, thus pulling a leg from the housing market. This for me is another clear indication that the China Oz relationship is further sinking to new lows. Still holding out that this could be our saving grace. Maybe we should hire that bloke, George Roach as a consultant?!
So can we expect a repeat, if the sp rises, then they are mandated to sell accordingly? They a have about 3.7m shares to offload should that be the case. I’m still baffled with how they operate....they are capping gains for their fund, it’s friggin nonsensical!
must be scratching their heads, wondering what a bag of shyt they’ve gotten involved with, it’ll be 2022 by the time they unload these ‘golden tickets’ off their books.....wonder who we will go begging to next (..and on what penal terms) to pay for our bod to continue doing absolutely nothing.
There seems to be a decent BoD and management team in place (total 8). I believe funds were raised in the summer. What is the cash burn like and do management have skin in the game (I didn’t see their names on the websites shareholder list, but they might be within a holding company?) Cheers GLA
The conflict surprises me a little. Azerbaijan and Turkey have spent years putting the TANAP infrastructure together involving massive expenditure, surely they’d not wish to rock the boat in the region and possibly make the pipeline a target.....on the other hand, Russia is the one who has most to loose as the Caspian resource eats it lunch?
I had an unfilled order today at £1.05, but I do wonder wether or not AAZ weren’t overpriced before the impact of the recent conflicts? The share price still being considerably above its 52 week low, so it can hardly be surprised as too beaten down! GLA
It is not uncommon for a company to hold its AGM away from irate shareholders, I remember Chal.l would hold theirs in Switzerland....that was another pipe dream.....a Ferris wheel to be build in New York, never happened....but the bod got away with it for years! Nod nod wink wink