I'm out18 Feb 2020 11:36
After many years I have lost all hope and am completely out today (the 200,000 trade at 11:18 was my final sale). Only 9 months ago I had 15,000,000 of these. I have taken a large hit. I cannot see DA getting any significant news out before the next placing which I think will be at around a penny . We raised £11.5m in July 2018 and then went back for another £5m in September 2019 (14 months later) so my reckoning is at that rate we are due for another placing in March/April. So I may buy back a smaller holding in a couple of months at a penny or so if something does look as though it might finally come good here. I am also extremely wary of the Portuguese minority government and what decision they will make regarding mining in their country. The anti lobby seems to be strong and weak governments often do not take on their vocal minorites, even if it mght be good for the country as a whole if they did - votes are more important than economic growth. And don't even mention Oman and Moz (Moz is why I purchased here in the first place).
I feel I have wasted 8 years of my investing life here - entirely my own decision of course - and at 64 years of age I do not like wasting any years at all !
For those remainers, good luck guys !