Member Info for smyth234_jon

Good summary. I’m expecting my investment here to be a total loss. I certainly wouldn’t invest more, even at 2p, until I see some serious changes in management, and communications that are rooted in reality.

Who was the optimist who thought the bottom here was 9p? Any possibility we could wake up one day to good news from this company?

I’m out. Apart from everything else going on, how a company specialising in metals is collapsing in value amid a major European war is beyond me.

11p? It’s great to see that level of optimism about this share. I really would not be surprised to see us waving to 10p in passing by year-end. Of course, I hope I’m very wrong. GLA.

Africa is, sadly, very used to dealing with diversity and will bounce back. Europe has more to lose but hopefully the response systems are much improved for any new cycle of infection.

“Lasting peace and stability in the area may convince TotalEnergies to resume work on its mega liquefied natural gas project, about 60 kilometers (37 miles) north of Mocimboa da Praia.”https://www.moneyweb.co.za/news/africa/troops-eject-rebels-who-besieged-totals-mozambique-project/

My observation on communications was merely expressing shock at the lack of any response – even a polite acknowledgment/brush-off – to a request from two shareholders, active on this forum, for an update. Good manners cost nothing. I remain invested on what I consider is realistically a multi-year timescale.

I must admit to be being more than a bit shocked at the silence in response to this email. Very poor form when a quick update would reach – and reassure – so many investors on this forum. It’s hard to keep the faith in an information vacuum, even for LTHs.

While not essential, the Total LNG project certainly has great potential for AAAP long term – and we all know a long term view is essential for anyone investing in Africa. This is a useful overview of the current state of play in the northern Mozambique region and gives some hope for a more stable “jaw-jaw not war-war” approach : https://allafrica.com/stories/202105311102.html

Crouching Tiger? Hidden Dragon? It’s hard to keep faith right now but I’m holding for the long term. Fundamentals are sound.