812 days ago
Chaired by the vile ex Tory MP Tony Baldry, Westminster Group (WSG) is running on vapours (yet again) . That we all knew as explained here. But what the company is not admitting to is a hammer blow from Sierra Leone which will destroy the only profitable part of this business. Let me explain.
2805 days ago
The roll call of shame on today's RNS from Stellar Diamonds: Nomad Cairn Financial (Emma Earl, that name rings a bell), Broker Beaufort Securities (Jon Bellis), joint broker Peterhouse Corporate Finance (Martin Lampshire), Financial Advisers Mirabaud (Rory Scott), Pr St Brides ( Lottie Brocklehurst). The headline is "709 Carat Diamond Discovered in Sierra Leone." Fuck me: where do I buy Stellar shares? These guys have just discovered the 13th biggest diamond in the country's history. Fuck me again - where is my fucking stockbroker? Oh er hang on...
3710 days ago
Eric Sprott is the best known name in resource investing. His latest comments are on the subject of Ebola and are utterly terrifying. They are a terrifying at a human level. If however you own shares in certain mining companies you should be double terrified. Yes, I hark back to African Minerals (AMI).
If Ebola continues to spread, it was put to me the other day that the Sierra Leone Government will order a total lockdown of the mining industry in that country. How long could African afford a lockdown before it becomes unable to service the interest on its ballooning debts? The answer is about three weeks.
I explained HERE why even without Ebola African Minerals is screwed
3731 days ago
I am a nervous traveller at the best of times. But right now the thought of flying into London really scares me. The Mrs left today. I had to drive her half way across the Peloponnese so that she could catch a ferry to Zakynthos to get a direct flight to Bristol. But it was cheaper than a flight from Kalamata, my local airport here in the Mani, and her plane did not land at Gatwick.
Bristol gets mostly domestic, Western European and holiday flights. The Mrs can pick me up from the airport and the passport line is not three hours long.
Gatwick is a schlepp of a bus/train trek away from Bristol and I am convinced that my flight will land just between one directly in from Sierra Leone and another from Turkey packed with British born men with beards who have just spent a few months in Syria and Northern Iraq. I thus face being stuck in the passport queue with a mixture of returning Jihadists - just looking for a chap with an Israeli army T-shirt on to behead - and highly contagious Ebola virus carriers.
It is s 35 minute cab ride from The Greek Hovel to Kalamata. It is an additional five hour bus, taxi, ferry, taxi ride to Zakynthos. But the idea is growing on me.
PS The Mrs suggests that just in case there are any Quindell Moron type jihadists reading this I should not publicise my final travel plans until I have landed. As ever she is a wise woman.
