RE: Advise please23 Jul 2020 22:02
Well Bolton16 that's exactly my take on what u honestly typed , Nigerian govt - full of farce, corruption, unorganized barstewards. Corruption and no legal sign off becoz Nigeria lives in the corrupt world, I heard this from a Nigerian girl I worked with on a temp job. First thing she said was Corruption is rife. I saw that rise to 1.8p, u never know how far this rise will go, invest u get fingers burnt like u did. I really hope this gets legal sign off this time, I really do but the chances are 50\50 . Tomco is not in Nigeria but the USA , Utah, which I really trust as a America is on same line as the UK, we both are trustworthy nations. Location of project for sign offs is important when investing, not huge assets. Playing it safe for a long run by chosen country is important. Look at Aex - $1.5 billion pipeline built by chinese, business oriented people. Where they built without the full backing off the government for final sign off - Tanzania , another African nation. aex holders have been sat on their hands seeing a negative paper loss, I was there, saw the drop from 3p to 1p on cornerstone Saudi family investor. Should have waited for the penny to drop. Sp fell from 16p to 1p. 0.8p yr low 2016, then from 1p to 7p on just hyped up cornerstone investor news. What a joke!! It went to 0.35p after that, about 0.9p now waiting for joker Tanzanian govt approval. African nation shares don't put in your hard earned pennies, might turn to dust.