Congratulations Daramada, you are closest to the first real down-ramper on the AEE thread for some time.It's a shame that you appear to have lost your faith.
However the Kingdom remains open to all at a price,even for apostates.
The reasons for your doubt are valid,but they don't concern us as we are happy to wait.
Tiris- too far advanced to be likely to fail.
Maurit. prospects- Govs. in general do not undertake a financial due diligence on companies that they issue licences to.They want the licence fees, and know that if someone hits gold then the financing will follow.
Haggan- as a major global resource it will be mined one day-hopefully in my lifetime and by AEE or an off shoot.
My holdings are well in XS of what you had and would drive the market down further if I tried to sell.On the other hand, if I tried to buy the same number,it would drive the stock up.The free float of this stock is ever diminishing.
In summary, AEE is a speculative investment with a magnificent risk/reward ratio-perhaps the best on the ASX.
Technically the tension is building (several have posted on this)
Hope you can get back in at a decent price once the dominos start to fall.
AEE Price at posting:
2.8¢ Sentiment: Buy Disclosure: Held
(20min delay)