A1G 14.3% 5.4¢ african gold ltd.

IPO - African Gold Limited, page-41

  1. 162 Posts.
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    Sure i get your point.

    Another example is Tolga was a former managing director and founding shareholder of Syrah Resources (ASX:SYR), overseeing the company from a tiddler through to a top 200 ASX-listed mining company. When he resigned in October 2016, the SP plummeted 16% in a day despite his assurance that he had no intention to sell any of his shares. Amazing to see how credible and valuable the guy is in shareholder's view. 
    Syrah Resources shares plunge after managing director Tolga Kumova resigns
    https://www.copyright link/business/mining/syrah-resources-shares-plunge-after-managing-director-tolga-kumova-resigns-20161005-grv4om

    Check out AL8 when he invested in 2017, it surged 1000% from 20c to $2 in 4 months. A month after the Alderan float, in July last year, Kumova joined the board of New Century Resources(NCZ) as corporate director and same thing happened,  shares have risen 400% in 2 months.

    My point is that Tolga is considered as a valuable asset to any mining company right now. His investment, ideas and contribution to a company is  evidently shown in his solid track record and that had brought him great wealth. After all, he is well known for his successful small cap resources pick. 

    All IMO and good luck to holders. 


     

 
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