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I could see political reasons to delay the green movement, pushing back electric cars etc If we move now China has won, there isn't even any competition, they are so far ahead in electrification the west/legacy is playing catchup, so why not rubbish electric cars a little bit, don't fast track the infrastructure, drip feed negativity into the press and delay all your targets so that we it does happen (and it will) the west/legacy can at least compete.
When I was looking to buy in 2020 the SP was 0.040 and in May this year it hit 0.99 might have gone into the 1p range as well, I just check in ever so often if I'm feeling too happy, it's a good quick kick in the teeth!
I'm not selling at this price with the Gold figures not that far off, I'll think about selling some around then but I'll probably hold until it feels like a funding raise is being looked for (more podcasts and hype!)
I can hold for a few years if needs be, most stocks are pretty bad at the moment (why risk when interests rates are so high) I do kick myself ever few months though, when I bought in here I was weighing up Premier African Minerals or XTR and decided XTR was less risky, at the height of SP this year I would have made over £450,000
I haven't sold any and won't at this level, the chance of this doubling from this current SP seems pretty high so I'm sure there are lots of opportunity elsewhere but anything that is going to 100%+ is going to also be risky (otherwise it would already be there!)
When it gets to that price there will be more shares in issue, I think at the moment it's 100 million = 10p
I don't think anyone knows for sure, as it's one asset rather than the whole company you'd expect the SP to be higher than the sale price
I'll have a lot more free money in 2024 (nursery fees hurt!) so for me I'd see a good situation as, good income from Africa but the markets don't react (so I can do a little bit of averaging down), we continue to drill with no dilution and hit the 2mt and sell end of 2024 or early 2025
We can all have a dream!
CB just got 1 million shares on the open market, wouldn't have been the wise choice if a placing was planned, also FB about to start producing meaningful cash flow so why place now?
"which there/their/they're to use, and the like." oh come on, I think you need to readdress how you assign intelligence; for one if you use this site via your phone it's awful, adverts everywhere, very hard to check what your auto correct has deemed the best fit. I would judge more on how accurate someone has been with predictions and at this point he has been better than most but we won't know until the song is sung
missed that in the 100+ post for today, at least that makes a change, something to read (as your money devalues!)
To all the angry people, if you are honest you're mostly angry at yourself for not timing your get out better and the reason you didn't is because of greed, I'm angry at myself, 7.5p would have been a very nice profit but now I'm tied in to see where this all leads.
Colin is quite clearly not honest but 1.1mt is there and will get bigger with Ascot, I suspect this share will be pumped early next year and I will certainly take advantage of that if it happens.