RE: Top up21 Apr 2022 15:46
After 25 years of active investment, I realized that no one, no matter how capable and talented he could be, will never be able to predict what might happen to his investment in AIM. Even if he invested in the best and really most promising companies. For example, I invested ten years ago in Beowulf, which discovered huge reserves of high-quality iron ore in Sweden and waited almost 8 years for an exploitation license to be granted. But when license was finally granted this year, the share price instead of rising sharply fell down from 20p to today's 7p. The same happened with my Petro Matad, which discovered a huge oil field in Mongolia. The main reasons for such stagnation, in my opinion, were the worthlessness of the CEOs of these companies as entrepreneurs and their absolute inability to set goals and achieve them. Based on this, I decided to reduce my investments in these 2 companies by 50% and invest them in EME. Hope its leaders will not only be able to make the discoveries they are confident in, but also turn out to be talented entrepreneurs. Let's see will my expectations for the third time at least come true.