I'm here phw, aka Mr Pots.
I agree with your crystal ball and I read the same into the announcement re potential reductions in CAPEX. Nice to hear but not a game changer.
Also agree AFC will put in their next tranche of $$ at or very close to the 60c price originally agreed. If JPM have put the breaks on their liquidity drive and UBS (ex Capital) are out, or in a holding pattern given they got their stake at 57c, then it is not unreasonable for the share price to slowly move back around 60c.
When it does get back to a fair price, the new AFC Directors purchase shares for themselves, like a business minded person that believes strongly in the value of their personal effort on a great African project, and in parallel talk to their peers, then we go back into 70-80c range...and by then the project is getting closer and closer to completion, revaluation based on income etc etc
Lots of "if, then" statements, but not unreasonable in my crystal ball.
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