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I would recommend that all interested investors log in to the ACA home site and read the latest Q1 (to 31 March) report. For those who are too busy to wade through the many pages the following facts are pertinent: 1. Gold production is 15% higher than Q1 2016 2. Cash cost is 17% lower than Q1 2016 3. Buzwagi mine production up 61% on Q1 2016 4. New discoveries and production from Liranda site in West Kenya estimates 1.31 million ounces of gold at 12.1 g/t (grams per ton) Full production in 2017 5. Revenue 6% higher than Q1 2016 - even after the ban on concentrate exports 6. Sale of concentrates affects about 50% of Bulyanhulu and Buzwagi mines ONLY - sales of DORE (gold/silver bars) is not affected. The two other mines produce mainly DORE 7. Net earnings up 48% from Q1 2016 8. First quarterly corporate tax payment of $US 8.7 to Tan govt declared 9. Net cash decreased by $US 22 million due to export ban but still at $US 196 million 10. Refund of VAT payments from Tan govt held up by general audit of all companies in Tan - ACA owed $US 40 million to date ! As a trained accountant I would view these figures as excellent and justifying a 500P SP - once the present dispute is resolved Hope this all helps to reassure investors - the SP will no doubt roller-coaster till the Tan govt sorts itself out but experts reckon that a claim of 10 times the gold/silver/copper content in the DES port containers is ridiculous. The elephant in the room is the rapidly growing West Kenya exploitation Regards all

IMOO - the Tan govt is pursuing a war of attrition on ACA - with one of 3 objectives in mind --- 1. To force ACA to pay a "big fine" (could be taken out of the 40 million VAT refund the govt is presently refusing to pay back to ACA) and also to increase its royalty payments (ACA just paid Q1 over 8 million to the Tan govt - annual payment of about 34 million) 2. To force ACA to sell its mines et al to the Tan govt at a cheap price 3. To force ACA to sell out to a (probably Chinese) company who will work better with the Tan govt ) China is taking over vast mineral resources in Africa and building major infrastructure - roads, railways etc. The Tan govt has a history of Communist leanings. ACA presently has stockpiled 120 million worth of ore (with 20 million under lock-down at DES port - already sold) If the ore at DES is not released soon ACA will have to refund the 20 million upfront payment to its customers. The best option for us all is number 1 but the crisis has arrived and if no agreement is reached very soon the ACA BOD will have to cut costs by suspending mining operations. The Market has already priced in the cost to the SP of the crisis - the SP now is only about 43% of its 2016 top value. An early agreement to option 1 would bounce the SP much higher IMO. I have no idea what effect a forced sale of all Tan assets would have on the SP - ACA is not a "one trick pony" and rapidly developing the West Kenya very rich goldfields. I am holding tight to my shares in ACA and look for a rising SP later this year. Regards all and GL with your own assessments and plans

Vince cable - like all politicians will do as little as possible to sort out the corrupt stock market for the simple reason that the govt gets massive taxes from the financial sector and cynically uses the "Caveat Emptor" (let the buyer beware) rule - no one is forcing people to gamble on the SM - in the 1929 Wall Street crash the president of the DOJ in the USA said " Where there is great wealth there is always great corruption fraud and theft - we can never eliminate it - just try to keep it under some sort of control !" Regards

rd2 - not a one - to quote Vince Cable "The stock market is a sleazy casino run by shady characters whose sole aim is to part trusting investors from their life savings !" I have traded privately for 45 years and decided that it is just pure luck if you hold shares that rocket in value and can sell them at a big profit. I once watched a share clock up £30K profit in a morning and printed the statement off for my wife I had a coffee and when I returned to the computer the SP was crashing and I finally sold with just £2K profit ! Best trade this year was on PMO - made £4700 in one day but lost it all on SOU HUR and SDX and am presently down £5K on the year. I am holding £20K of ACA at 272P and hoping that the Tan govt sees sense and does not destroy the golden goose !!! Tomorrow should show the way - if we plunge another 13% it will be down the bunker time ! Regards

West Kenya (Liranda site) is being rapidly developed by ACA and has incredibly rich AU deposits which will come on line this year. If the Tan govt plays hard ball ACA could cease Tan operations and concentrate on West Kenya. At the mo the Tan govt is refusing to pay VAT rebates to ACA which now total nearly $40 million ! Fingers crossed for a good result for all soon ! Regards all.

realdeal2 - If you google the Acacia home site all the info you need is shown there. Reading the "Reserves and Resources" report it is obvious that the two richest mines in Tan are Bulyanhulu (at AU G/T of about 10 ) and North Mara (at AU 6 G/T) It may well be that some of the B and NM ore has been wrongly labelled as lower grade ore from other mines (just my thoughts) If this is so - a simple solution can be found and the ban lifted. Regards all

TY for the kind support guys - this AM i chucked the kitchen sink at ACA and lowered my average to 2.71P - which is where it has just come up to. The Tan govt dispute has dragged on for 3 months now and I forsee an "out of court" non-prejudicial fine agreed of $US XX million and an increase in royalty payments - which is what the Tan govt is after (last year $US 38 million paid - 17% of turnover) This year's payment due to be declared in June - a cancellation of the export ban could well shoot ACA back up to 450P or 600P (longer term) "Courage and roll the dice mon ami" Regards all - HOC going up again ! Joke : A cub reporter was sent to investigate a breakout from a Mental Institution - he discovered that a man had escaped - broke into a laundry and sexually assaulted the owner before escaping again - he phoned his editor who told him the final edition was complete but there was a tiny space for his story - could he do it in 5 words - the cub thought for a moment then said "Just print NUT SCREWS WASHER AND BOLTS !"

NUMIS today gives "BUY" with a target of 500P - looks good - may boost the SP GL all

HFX giving about 272P GL all

It would be in everyone's interest - ACA - Tan Govt - shareholders - if an "out of court" settlement of $US XX million be agreed without any liability admission and an increase in royalties paid to the Tan govt - presently running about $US 38 million (Jun 2016) (17% of turnover) - latest royalties report is due in Jun 2017. The present situation is no win all round and cannot endure IMO Regards all

munchbox - are you enjoying gloating over other people's misfortune ? What a sad person you are !!!

now at 273P - bought £4K more which lowers my BE SP to 292P - just half of the SP last year - ACA a mega company with recent huge gold discoveries in Kenya so even if the Tan operations are mothballed TFN ACA will still survive but the Tan govt will not ! How long before the major loss of revenue topples the govt ? MYSQ head butting the 5.2P glass ceiling again but my BE SP now 5P so riding the roller coasters again ! Regards all - time to go gardening

zero declared shorts on ACA

Eish - according to the Tan govt ACA has discovered the "Alchemist Secret" they are producing 10 times more gold than they have dug out of the ground in Tan - if this is so my investment will rocket - LOL At least the ACA co is located in UK and not Nigeria - which has a long history of producing gold bars from thin air !!!! Regards - hope you and noggers do well today

The elephant in the room is that ACA is being accused of fraud and false accounting but not given the full details of the accusations - so cannot refute them in detail ! Until the full facts are published and the company is able to respond they are in the situation of "tried and found guilty out of court" As usual the market is reacting to hot rumour and slander rather than a calm assessment of the facts (which are not yet known) The situation could easily be resolved by the BOD producing all the stats of production - smelting - sales which they will do given the opportunity. Just a question now of wait and see. Regards

eddy - hope you are right - I think you are FWIW. Logic says that ACA BOD would be crazy to run this scam - there is an audit trail all the way from mine to port to smelter to gold sales and at any stage a whistle blower could have exposed the anomalies. ACA has been very clear about the grams per ton in the ore and simple arithmetic would show how much gold/silver is in each container. The weight of the ore in the container would show up very quickly in the bills of lading so the scam must be in the Ministry of Mines. The Tan President has been sacking lots of people caught up in corruption and fraud so the odds are on this being the latest hit. Unfortunately for us ACA has about reached the limit on stockpiling ore and is losing $1 million a day in lost sales. When the dust settles ACA can have a major push on clearing the ore stocks and over the year get back a lot of the revenue stream. Roller coaster ride for a while but IMO SP will recover later this year Regards

which way to go today - keep an eye on ACA for a side bet - longer term will bounce back in a big way. I did go into all cash 2 weeks ago meaning to wait till next month to buy back in especially to HOC but a couple of fast shares tempted me back into side bets which have been up and down a lot - presently overall down about £2K on MYSQ but very volatile. My head tells me to sell everything and stay in cash but my gambling instinct tells me that there are always daily profits to be made - i will probably limit my gambles to £5K for a while to spread the risk. Glad I was not holding ACA shares at about £5 yesterday when the crash came - now £3.05 close but may open up 10% on dead cat bounce ? Regards all and GL with your own plans Trump meets the Pope: Hi Popey how's business ? Very good my son Say Popey - when you get your next promotion ? My son there is no promotion for a Pope - you surely do not think I could become God ? Why not - I was talking recently to the chief Rabbi in Jerusalem and he said "Two thousand years ago one of our rabbis got that job !"

noggers - not your computer just the useless LSE site - just when you need to watch fast moving SPs this site goes off the air - if I had been doing my close monitoring today I would have sold half my holding of MYSQ and gained £1500 to reinvest somewhere ! Ref HOC - you are still in profit and if the SP goes back to 290P you will make an extra 5% - only you can decide if it is worth the gamble - I sold out and will buy back in if it goes down to 235P again. looking forward to tomorrow's MM games - if LSE stays on line !!!! Everyone is complaining about the poor service and LSE must be losing millions ! Regards

I managed to get £4K of ACA (in bits) at 314P which was the low point last year so I will hold and see if ACA manages to square the circle of Tan govt problems. I might buy some more AM tomorrow but if SP is rocketing then I will sell up when I get my 10% again - I should have sold out MYSQ at 15% up today - the market mafia has now pulled this trick 3 times in 3 weeks - pump and dump slicing 10% each time off the top SP but leaving a small blue gain on the day !!! Regards all

Eish - Africa is your safari park - I thought you might be happy buying ACA at this huge discount - I have watched the company for the last 6 months and been impressed with their consistent SP rise - but no one saw the low fast curve ball from the Tan govt who want ACA to build an instant smelter so only PM bars of metal are exported (or kept safely in Tan ministers strong rooms !!!) I am tempted to buy a few £K of ACA - at this low SP could do well ! Regards