African Minerals - Re: AMI Stream Log - I don’t know how much...

I don’t know how much longer we are going to see these shares at give away prices. There was a lot of hype about ebola, which basically started the day a lady died at Gatwick getting off a plane from Sierra Leone. It later turned out that lady did not even have ebola. Then the press sensationalizes some story where an unnamed person with a big axe to grind makes an irresponsible affidavit; and everyone just soaks that up and just assumes the head of the company is a liar and a thief even though there is nothing tangible to actually base that on. And of course amid all that buzz there were also 2 “real” issues: (1) the ability to survive as a going concern which was actually covered in the 2013 annual report (note 3 p 63) and (2) the low price of iron ore. Now with the necessary cash secured and corporate survival no longer in doubt, all that remains is the iron ore spot pricing. And even at today’s low iron ore price these shares have got to be worth at least £2.00.