Sterling say cash flow will increase by 400% in 2006

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paperking - Wed, 28 Dec 05 :

I've done a lot of things in my life that make me nervous it usually goes with risk which often equates to fun and higher return but not always. So I have a few broken bones and taken a bath on a few shares. Also I have spent 20 of my 33 years in overseas working life in Africa having lived/ worked or been on the boards of companies in 12 African countries. I like SEY and have been adding to my holdings around current prices nevertheless it is now very reliant on the Mauritanian play which if it pans out will dramatically change the company. I'm betting it will but equally aware nothing is usually as good as it looks (or as bad either) when it comes to Africa. It's a great continent with plenty of opportunity but a change of government is not uncommon and usually occurs to benifit the few. Lets hope these guys don't get too greedy.


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