the alliance is of groups in different places with only 3 forces being in any way serious. So the situation on the ground in TK is unch.Yes the government had almost entirely controlled the OLA over eight years. Just in the way we in the UK almost control ISIS but Then Ariana Grande occurs does that make you write the entire UK off?
BBC: "The government has been fighting the OLA since 2018." Eight years later OLA carries out the attack on Tuli Kapi.If the government was unable to get rid of OLA in 8 years, then why would we expect it to do so quickly now, when it is now part of a 7-member armed alliance?
The Greenland agreement is a bit of fluff for Trump in reality as there is the 1951 agreement in place. Wisely Trump has backed off, and the new agreement is about saving face. Declare victory and have a signing ceremony. His late mentor Roy Cohn would approve. It's the Trump TACO syndrome in acton. At least he's dropped his threats of military action against his NATO ally.
I think he is 100% spot on with his comments on the junior miners, which is why I hold a large percentage of my portfolio in Golden Prospect Precious Metals (GPM). My thinking is that with AISC in a lot of their holdings nudging the $2,000 level the free cash flow they are throwing off has never been greater. Also as the amount of gold that the majors are extracting has been falling, year over year, for at least the past 5 years, a lot of them will find it cheaper to make premium bids for the small producers than spend more money on sourcing new finds.And all this at a current price of $4,350 per ounce. If, as expected, gold moves over $5,000 on to $6,000 within the next 12-15 months the earnings and potential of small gold/silver miners will be off the scale.
Maybe the only hope of keeping the brand alive is a pre-pack buyout for a pittance with the intention of relaunching as online-only? Leaving the debts behind. Probably too much of a tiddler now for Mike Ashley? Either way the shareholders are well and truly screwed.
Tom that’s a good logical summary.Human beings tend to be driven by emotion and the fear of further attacks will dampen investor enthusiasm.In due course when the Company announces that construction has commenced that may change.If the Ethiopian army can announce some big victories and more directly the Company can demonstrate that Security is in place that would change the dynamic .