Member Info for maddogpete

Assuming Sea Lion is produced, l have always assumed that we will be taken over. Isobel, the smaller deposits and even the FOGL acreage all offer long term potential. But like others, having waited so long l want at least £2. I remember the days when we were talking about £30 a share and Sam was doing photoshoots wearing a cowboy hat !.

Looking at the 5 year chart l can understand the argument that we should now go down. Equally there is an increasing recognition that more copper is needed and Zambia will play an important part in it. Reading the First Quantum results last night, they showed little interest in rushing to develop their greenfield sites in Peru and Argentina due to the political issues. Conveniently Colin has done a good deal with them in Zambia with AFP. And their new nickel plant can be switched to process copper. Timelines and expectation management hasn't always been Colins strongest point. But he has been shrewed, got in early and hopefully that will soon be reflected in the shareprices of his companies. And l expect the rise to be quick and substantial.

I thought Colin was from Yorkshire and not Romania ...........................

Howezap - love it. Made me laugh. I admit I am still bitter over the 2m/t ramping last year. Worse, I made a very bad top up at over 7p a share on the expectations it would be a quick sell. But - life moves on and I am invested in Colin's other companies. I guess I will either end up rich or eating horse meat.

Another nice rise. Wonder if we will hear from FQ following their quarterly financials last night.

HD - Agreed about it being an American lawyer. Maybe I am reading it wrong but the statement " first-class international bank outside the European Union (or as Italy and Rockhopper otherwise agree)" shows how political this is and the ICSID wanting to put their foot down. They are happy to accept a UK bank but not a EU bank.

Today's AFP Roast podcast, Colin gave the Shiganda project a good plug.
Happy day today. Hopefully the start of a copper junior renaissance.

£1when FQ hit the motherload

Didn't Vinny Jones do something similar to Paul Gascoigne a few years back ?.
The Court has to be fair and reasonable but ....

Don't forget Sandfire is now on a drilling binge with the end of the wet season. News could come at any time over the next few months. Significant news at that.

I would have thought the Italians are furious about this. It has tied their hands, which l guess is the whole point.

Been a good couple of weeks for Colin and his babies. Hopefully the momentum continues. No shortage of media coverage regarding copper. How long before we get a junior copper explorer ETF ?.

Sounds good. Colin has really taken to ore sorting across his stable of companies.

The interview on ARC minerals yesterday provided some interesting snippets on the state of play in Zambia. The drilling rigs in that part of the world are going to be very busy going forward. Good results from one company should help sentiment and valuations across the board. Early days but the ride should be interesting.

Importantly "if" Luansobe starts producing soon then the other projects can be advanced.

My interpretation was they are looking at shorter term. They also gave good reasoning why they would sell. But l agree, l didn't buy GLR for such a small return. I just take a much term outlook and don't expect much to happen shareprice wise until AIM enters a bull market - 2024 ?.

The Falklands aren't signatories to the Energy Charter as far as l am aware so wouldn't have to pay compensation.

Jeremy Cresswell omits to mention that exploration is continuing in the Argentine sector. They obviously feel further drilling can be justified. And l am sure Argentina would love to develop Sealion for their own benefit.

I remember in my good socialist school days in 1982, why should we go and save the FI ?. How many young voters in the UK even know where the FI is let alone care about it. Without oil l cannot see an independent existence for the FI. Better to cozy up to Argentina instead and stop China.

Prickly - thanks for a well written and honest post. I agree that Colin is no worse than others on AIM. But given the performance of AIM over the last 25 years l think he sums it up perfectly. AIM has lost credibility. Equally, l do feel there will be a massive rerate at some point even if l feel it will be 2024. . Or maybe l am being as delusional as Colin !.