A representative of a large investment fund explained to AIM that his clients are used to being involved in projects in countries such as Russia and would not be put off opportunities in Mozambique. He said that the current political instability in Mozambique is considered to be a short term phenomenon and would not scare away investors who look at the longer term.
Legal cases such as this can be a real pocket buster , or money spinner .
Shareholders having bought in at much higher prices will obviously be most down-heartened and whom can blame them . Sitting on a loss , is a bind on any investor`s reputation .
Pathfinder Minerals itself is sitting on a mine of huge potential . True they have little or no cash left in the bank . This will have to be resolved with a farm in of some proport .Whom will it be , perhaps BHP or the Mozambique Government itself ( via some other body / company ). Here there is a lot of money to be made and the acreage here is without doubt highly lucrative over the longer term. So , as usual a lot of patience is required .
This is quite clearly a case where one major investor , has been in general , a disappointment . The greed of the Dynamic Duo , Veloso / Cavaco , has led to this point in the company`s history . Their greed for a larger slice of the cake cannot be satiated . Mr Trew is right , at some point , one must share one`s burden of responsibility to achieve results . that point is surely , within our grasp.
Of note the dynamic Duo , still own 20 % of the company . Nick owns 10% .It is in everyone`s interest to find a path forward , nobody lives forever . Not even General`s . Now the General has a victorious battle won to proclaim , is the ideal moment , to end the war .
Also , our not very mysterious seller has almost run out of ammunition . Someone will take this huge and cheap opportunity very very soon .
Good luck all on an equitable resolution .