Pressure will now build on the current SP of AIM.
The materials graph is now stablising after a period of heading south.
Zinc prices are also stabising and showing positive signs of improving.
Perkoa has continued on irrespective of the subprime fiasco.
Iron ore continues to sell like icecream cakes for a kids picnic in summer time.
Just have a look at the iron ore China is buying from WA and who is the richest man in Australia. Forester, who at this point has not shipped one boatload of iron ore from his WA operations. SP - take a look.
Whats connected to iron ore - zinc.
Look at the LME stocks the last time zinc was priced at .75/85c around 500,000tonne. Today 150,000 tonne.
and you know what Chindia keeps on going.
AIM .058c What !!!!!!!!!!!!!!!!!!!!!!!!!!!
Management now sound, the jigsaw will slowly but surely fall into place.
Everytime there is a market downturn the economists come out of the woodwork and expound on hindsight theories. They are excellent at one thing - telling us what happened in the past.
Good propostions will always get a hearing. There is still plenty of money around, its just the greedy operators are now getting caught.
Those with the dough a looking for good proposals and projects that are about to produce the goods. AIM is such a oompany.
Scenario. I have the loot and looking to make more. Deal - I will fund remainder of Perkoa, in return for x percentage of company and interest in Mumbwa development. etc etc etc.
AIM has got a strong point of negotiation. 1.Perkoa 2. Area around Perkoa for gold. 3. Mumbwa. 4. Mokopane. African presence and know how. Africa rich in numerous resource possibilites and they are up and running.
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