GREY:LYDIF - Post by User
Post by
stockfyon Jan 18, 2018 5:35am
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Post# 27383433
TAP pipeline, LYD's AISC and production
TAP pipeline, LYD's AISC and productionIt seems LYD will stabilize at the current levels after rising two days ago and yesterday's correction.
Armenia is not a risky jurisdiction anymore and the conflict with Azerbaijan about Nagorno Karabach is not going to restart anytime soon thanks also to the TAP pipeline. The American and European companies having a stake in this nat gas pipeline will keep the peace in the area.
Hopefully, LYD will delived with its promises regarding AISC and production. Both are moving parts and unknowns that create uncertainty to the new investors. Cost overruns and start up problems are part of the game, so patience will be required.
Currently I own both LYD and debt-free Dynacor Gold (DNG) that plans to initiate a dividend soon.
Looking to diversify futher my gold portfolio.