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You have made some quasi-valid points but the baby steps this company is making towards progress would try the patience of Job. China would have had this mine up and running years ago. Europe seems like it’s in a straitjacket half the time.
How much did you lose on this, out of curiosity?
They're impersonating Marvin the Robot from Hitch-hiker's Guide to the Galaxy. I understand their fatalism, though.
They're taking control of the company for the benefit and best interests of the company's creditors -- not your interests. This is the Alternative Investment Market, you'll get bugga all.
I was here about a year ago and bought an armful at 20something pence and sold out at 55p (too early because it went higher). What I made back then could buy millions of shares now, which is insane. What the hell has happened…As for making money here now, my confidence has been completely shattered in AIM and I wouldn’t touch this, even for a tenner, but some here have got bigger b@llz than me, clearly. Best of luck.
Europe lacks dynamism, unlike China. It's held back by over-regulation and a political puppetshow pandering to daft Davos ideas. This mine would have been operational in 2020 if it was located in China.
I dread to think what is coming in 6 months time. I made a howler by investing here and bailed over the last 5 working days in 3 sells totalling a 33% loss. I made almost 30% in ACP a few years ago, so I guess there's some kind of symmetrical just desserts here.
Perhaps September will bring you some good cheer. I was in this company when it had a gold play, doubling my money -- god knows how many years ago that was now. I've decided to accumulate a million or two. Hopefully I won't lose my sanity doing it.
Huge payrises, a gigantic debt pile, a recession coming in 2024 and the prospect of another global lockdown in the near-future in the form of international war. IAG has all their ducks lined up, except the ducks are all armed and will be aiming at them.
The tea-leaves are telling me almost thruppence by mid to late September.