If things work out alright with AVZ I probably won't touch another high risk stock (in any significant way) again and stick to indexes, while I figure out what I really want to do with myself... lot of options open up for me if this goes well.... and if it goes badly, meh my 9-5 is not that bad.Haha I say I won't do it again, and I shouldn't...but when things turn out alright with AVZ I'll have to reevaluate![]()
I agree on the AVZ outcome......If things work out alright with AVZ I probably won't touch another high risk stock (in any significant way) again and stick to indexes, while I figure out what I really want to do with myself... lot of options open up for me if this goes well.... and if it goes badly, meh my 9-5 is not that bad.
I'm very tempted to stick something worth while into IXR after all this, it's pretty cheap right now at 2 cents.If things work out alright with AVZ I probably won't touch another high risk stock (in any significant way) again and stick to indexes, while I figure out what I really want to do with myself... lot of options open up for me if this goes well.... and if it goes badly, meh my 9-5 is not that bad.
Would very much consider selling enough to get capital back and then let the rest ride for potentially an incredible free carryI'm very tempted to stick something worth while into IXR after all this, it's pretty cheap right now at 2 cents.
Maybe only after a licence is granted.
But with all AVZ's shit, I'm so very conflicted.
Still cant make up my mind If I would keep some in AVZ after (if) a licence is granted.
It could still be an incredible rise over the next 10 years.
I guess it's always risk apetite, and I feel like I'm more aware of the risks now.
Pending of course, that we do get a licence, at present I'm thinking of keeping 30% of my shares in for the long haul.
I'd be interested in hearing others plans if we are indeed going mining.
I'm lately thinking of planning something like selling half of my shares after the initial expected run of news flow e.g. - release of BFS (with the insane profit update expected), financing secured, FID reached, EPC contractor signed up - to secure enough profits that I'm still sitting pretty should shit fall apart again, and then let the other half ride and enjoy the journeyI'm very tempted to stick something worth while into IXR after all this, it's pretty cheap right now at 2 cents.
Maybe only after a licence is granted.
But with all AVZ's shit, I'm so very conflicted.
Still cant make up my mind If I would keep some in AVZ after (if) a licence is granted.
It could still be an incredible rise over the next 10 years.
I guess it's always risk apetite, and I feel like I'm more aware of the risks now.
Pending of course, that we do get a licence, at present I'm thinking of keeping 30% of my shares in for the long haul.
I'd be interested in hearing others plans if we are indeed going mining.
I'm lately thinking of planning something like selling half of my shares after the initial expected run of news flow e.g. - release of BFS (with the insane profit update expected), financing secured, FID reached, EPC contractor signed up - to secure enough profits that I'm still sitting pretty should shit fall apart again, and then let the other half ride and enjoy the journey
AVZ will be bought out . So no need to decide what you are going to do . IMOI think most investors knew there was significant risk, but weren't quite expecting just how blatant the corruption was.
It's all been quite traumatic.
But you have to admit that if a licenece is issued, it means 2 big things.
1. Most of the risk has passed, and we got through it!
2. Our Management are pretty fucking incredible after all, getting us through all this under incredible corruption, attack and pressure.
And also, the story we were all drawn to in the first place is still a thing.
AVZ have the biggest deposit of the stuff that's modeled to be in massive over demand and under supply for many years to come, oh and quality, purity and concentration is supreme. And it's all at surface is the icing on the cake.
Plus we haven't even seen DFS 2.0. That alone might make people forget about the shit we've gone through.
You can always count on greed in the market place. Always.
Too early to make that decision now but it's worth pondering.
tax planning...AVZ will be bought out . So no need to decide what you are going to do . IMO
When AVZ relists you wont HAVE to invest in Africa again...After VEC and AVZ, no more additional investment for me in Africa sadly. Happy to ride this out though and i'm positive for the next few months given the recent reshuffle.
I believe this is the thing that caught everyone out, even the worlds best BOD. Not the risk, but the blatant corruption.I think most investors knew there was significant risk, but weren't quite expecting just how blatant the corruption was.
It's all been quite traumatic.
I’m here for the divvies - that and the outrageous share price appreciation…I'm very tempted to stick something worth while into IXR after all this, it's pretty cheap right now at 2 cents.
Maybe only after a licence is granted.
But with all AVZ's shit, I'm so very conflicted.
Still cant make up my mind If I would keep some in AVZ after (if) a licence is granted.
It could still be an incredible rise over the next 10 years.
I guess it's always risk apetite, and I feel like I'm more aware of the risks now.
Pending of course, that we do get a licence, at present I'm thinking of keeping 30% of my shares in for the long haul.
I'd be interested in hearing others plans if we are indeed going mining.
Anyone considering investing in Africa again, I know a good therapist.
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It's @MoneyBags1348
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Sounds very much like the symptoms of being an AVZ shareholder. By any chance can I interest you in an imminent announcement ?Yes, fucking pneumonia is slightly unusual. It’s a fever which comes on after a series of strokes, leaving you with shortness of breath and severe lack of energy
Take two margaritas twice daily is a recovery path proven to be effective
Originally planned to sell 30% then keep the rest for glorious dividends and of course SP growth.I'm very tempted to stick something worth while into IXR after all this, it's pretty cheap right now at 2 cents.
Maybe only after a licence is granted.
But with all AVZ's shit, I'm so very conflicted.
Still cant make up my mind If I would keep some in AVZ after (if) a licence is granted.
It could still be an incredible rise over the next 10 years.
I guess it's always risk apetite, and I feel like I'm more aware of the risks now.
Pending of course, that we do get a licence, at present I'm thinking of keeping 30% of my shares in for the long haul.
I'd be interested in hearing others plans if we are indeed going mining.
Now you know why hoots is the way hoots is….I agree on the AVZ outcome......
If it goes well I probably won't take another risk like it in Africa
If it goes badly I probably won't take another risk like it in Africa.....
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