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Makes me laugh, I bought in at a high, I need £5 just to break even, yet people on this board were getting me band for saying I bought in too high and that I bought in on a spike and would never get my money back, its you people who should be band for not allowing people to give their opinion. This looks like its going bust or being bought out at a very low price.
But that is not the fault of the current board, its the country we were dealing with, the cash asset alone should take us to 2p to 3p, of course that's no where near enough for the likes of myself to get our money back, but at least it would be a little compensation. Remember the Zubair's said openly, they were going to spend SOLO out and get the Rovuma for free, so we could have lost the lot.
Its got nothing to do with incompetence, its the fact that our main asset is in a backward and corrupt Tanzania, they are making the best of a bad job. Everyone said the same about Neil Ritson, but if its wasn't for him this would have gone bust, Tullow drilled a duster pulled out gave their share of the asset to us and Aminex for free and Neil said continue drilling deeper, we did and made the Rovuma discovery.
£2.48m Market Cap yet we have £3M on the way very shortly followed by another £10m, we have other assets plus future ventures looming, as Warren Buffet says when the share price is below a companies asset value, share price will eventually follow, imo, if those who bought in yesterday hold tight they will at least 10 bag.