Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Https://x.com/RedditDeluxe/status/1701521307978842407?t=yGz3D5DhkvSiWvJcoSx3mA&s=09
Https://twitter.com/AptamerGroup/status/1701144269468103018?t=oPbDkeFViCEDJOL4O_PqRg&s=19
Q: The central bank of Ethiopia has published another Directive onto its website. Does that cover what was raised only last Friday by KEFI and our banks.
A: Yes, it covers what we wrapped up on Friday and had been discussing for some time.
Q: I would like to ask why the Chairman is the only spokesperson for the company?
A: KEFI is more transparent and communicative than is required by regulation or is conventional by market practice. Plus it has many more stakeholders than many companies, with funds being raised mostly away from the stock exchange and with a multitude of regulatory authorities examining our communications.
In that context, the most appropriate spokesperson is the head of the company
Q. I expand on some statistics referred to in the annual report before putting my question. The junior gold miners index (GDXJ) started in 2004. It comprises companies with market caps over usd150m. GDXJ started at nil in 2004, 240 in 2011 and is now negative. Could the Chairman give his opinion on whether only a minority of investors ever make money out of junior resources?
A: I will start off by saying that an index for sub-US$150M market cap companies, if such an index existed, would likely display higher highs and lower lows.
Secondly, I think the statistics give us the answer. Between 2004 and 2011 an investment in a cross-section of junior mining stocks made good returns. But the opposite happened since 2011. Tha is a fact.
Thirdly, I can see and feel the despair on AIM. But I am a contrarian. The worst AIM feels, the more I am convinced that it will outperform going forward. Not necessarily next month or next year. But in my view it will outperform as it plays catch-up.
Fourthly, whether or not the cycle now turns positive for the sector or for AIM as a whole, the current positive turnaround of KEFI’s situation augurs well for us regardless of the indices and sectoral averages.
Posted 11 September 2023
I remember the guardian article at Xmas regarding antibodies and being really impressed but shocked to see it fall from 40p to 1p, especially after the alzeimers test was brought out, which must be a game changer. Got in at 1.27 only to see it carry on falling :(
Oh well, upwards from now I think.
Bought in today after watching it slip from 50p following that guardian article about antibodies. Looked v impressive but I guess they weren't selling enough. The alzeimers test looks like a game changer. The placement might take a while to clear but the holdings info looks good and hopefully the new shares are in sticky hands. Onwards and upwards....
Https://www.2merkato.com/news/alerts/7429-ethiopia-attracted-usd-34-billion-in-fdi-in-2022/23