waiting ...

Hi,

First off …. Thanks to ‘d’ for the insightful reports and viewpoints on AIM. It’s always good food for thought and generally confirmation of what I think with regards to this little play. I’ve held Aim for quite a while (bought @ 6.4 cents) and whilst I’m pretty happy with the way the price is at 13.5 cents I must admit that I think this should have a lot further to go … mind you I’ve also held these stocks through the Mooiplats episode which didn’t exactly improve my confidence in MF and SR. Anyway …

I guess the lack of information flow from the management has often been my major beef with MF & SR. I’d like to think that they are working hard to improve our position as shareholders (especially in light of the rather large bonus MF paid himself). I guess as the Annual General Meeting draws closer we should see some good results coming through (this has happened every year I've held these … silence until a week or so before the AGM then all of a sudden a slew of info comes through). I’d just like to see something tangible come through which will lure some more serious money into AIM instead of the usual day trader ebbs and flows.

D ... have missed many of your posts regarding dilution (have only just joined this forum). I was wondering what your thoughts were regarding the impact on the share price of Perkoa's equity funding. I would have thought that the traditional dilution effect (ie: price down) would be more than offset by the fact that the project could technically be considered to be an asset. Have put together some rubbery figures but would be interested in your thoughts on this (and / or any analysis that can give me a bit of a feel for this).

Happy hunting all.

DK