7 months later18 Sep 2022 13:05
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