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Gitfinger- maybe the talking heads "we are on the Road to Nowhere" would be a better choice. Meant in jest no offence intended
This is the first time I have looked in since I sold all my stocks early in the year when the war started and paid off the majority of my mortgage. I was expecting a stock market crash and higher interest rates and I needed to derisk particularly as I am knocking on the door of 60. Best wishes to all the regular posters and I hope that Agadem is in the best possible health. Big surprises for me on returning. Agadem sold two thirds of holdings for reasons that sound very similar to my own. Understandably folks are weary with the ongoing delays and I am surprised that the C&C deal has not been concluded, same with the refinancing deal and Niger etc. I have just watched Malkys interview with Andrew K from June and I felt his body language showed a bit of anxiety and disinterest. Does Zengas still feel confident that the £2 dream is still alive? I do but I think maybe 2 to 3 years timescale realistically. It looks to me that the risk of C&C not concluding is real but AK stated he was confident of Q3 conclusion so I think the risk is low. I need to better understand what is going on in C&C before I get back in. I am definitely wanting to get back in but amazingly it looks like there may be an opportunity in the mid 20s if some of the recent posts are correct. All the best and I expect to be back in very soon
thanks for your kind responses
Does anyone wish to contest the seeking alpha article assertion that the economic viability of the deposit is unproven and risky for both European metals and zinwald
I sold out but my decision was nothing to do with RBDs prospects per say I just personally believe that we are at the top of a ten year plus market bull run and with the Ukraine situation the chances of a similar crash to what has happened historically is too high for my risk appetite. Also I was very happy to get most of my money back after the recent rise. My record with aim oilies is diabolical (Hurricane, Advanced Energy for example) you may understand that personally the risks are too high in this sector for me personally based on experiences over many years.
Anyway best wishes and good luck to Uggy and all I hope that RBD succeeds and you all do very well here.
EXCUSE THE TYPO
I HOLD JUST UNER 5 MILLIOB. I WANT THE SP TO GO UP,
Selfish thanks for posting the link to the brr media interview I had missed that.
GP when do you think the next WN drill will begin. Can't find info on website
Uggy its hard to be bullish when you are over 10 grand down. I was of course poking fun at myself about not being knowledgeable. Also having failed twice at WN despite all of the seismic and drilling data why should we expect a different result on the next drill? Novykluk said they will use what was termed the a team the next time. With no disrespect to novy if they did not use the a team for the first 2 drills they are too stupid to be running a bath nevermind an oil exploration company. Someone needs to send them a book calledcrisk management for dummies
Uggy I agree that demule has a few knowledgeable people on his filtered list and I noticed that I am on it as well
Hopefully we should see an RNS early next week. It would be good to get a nudge up to hit 30p
Before you come back ok an end of 2021 price of 89p was predicted but I suggest that instead of snide in retrospect comments that you directly challenge the detail contained in some of Zengas posts. I have seldom if ever seen any direct challenge and informed debate on the points Zengas articulates but I accept that the sp is far lower than predicted. That was also the case with Zengas predictions on touchstone until it was no longer the case.
Retrospect is a fine thing.
QD Agadem never said the relisting price would be 89p get your facts right
Its looking good lets hope we keep moving up
The market seems to be expecting positive news as the markets are slightly up this morning so hopefully we should be ok and get back to 28p asap
The market is twitchy awaiting the FED announcement today about interest rates policy particularly with inflation so high. I will be gutted if we are dragged down with everything else should the market react badly to the announcement. We deserve to be much higher and got no reaction to the RNS
flying high in April - shot down in May
Sinatra was the best
Mind you i must admit my wife has been known to call me a slug in flared trousers.
Uggy you have just insulted slugs