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Just gets madder on here. I think a lot is because investors were hoping to de-risk. But can you de-risk a risky company? What I've learned from this one is best way to de-risk your capital is by spreading your investment cash across several different companies. Wise after the event and all that. But...this one is not over by any means - see what the next drill brings. See what Noble come up with. And as a few veteran posters have noted - there will be other drills.
Steady mate
I do agree
But........we are stuffed to a point. Without an amazing find most of us will lose a lot .
Our decision - fair play to Legalwolf he's read it well.
He is an ars.. but got it right
Maybe they have a way forward - - but they are. A s...t show
Overall
Closing date for voting on HL was Friday 8th December.
Moving money into my investment account tomorrow
To double up here
No point making their job harder than it needs to be, they struggle with simple stuff. They need the shares to get the funding, how they do that is up to them unfortunately.
But the fact remains - no money - no drill and possibly no company.
If you are invested here make your own decision on the votes.
🤣🤣 you make zero sense Rogernotsojolly but happy to buy you a beer after the AGM 🍺🍺🍺🍺🍺🍺
Oh dear, now we have king of the multi IDs. God save us all
HD there is nothing wrong with fighting against a*hole derampers like you. I am certainly not ramping and never have. I just see people like you and I see parasites.
You think it is clever to knock your own value? Yes we know why, you live by borrowing. You don't own any. Get back under your rock.
Rogernotsojolly hasn't only been consistently delusional on this board !!
I see there's the AGM this week - that will be exciting !
Rogernotsojolly you have been consistently one of the most delusional rampers on this board and have been proved wrong again and again and again. It's ok to be wrong, it's ok to make mistakes buf learning from them and showing humility is the way forward.
Quite agree Roger!
There all presently just rumours and speculation..
And we all know what they usually add up to in these shares😂
Going to say it one more time. While you all keep fretting yourselves over conspiracies and the dilution levels, you are dragging the SP down which will cause even more dilution.
I dont want to be rude, but some of you are sharpening the guillotine that will chop off your own heads. STFU and wait.
If you are in deep, it's already too late, you just have to go with the flow or vote it down, there is no point in making it worse.
Keep the price as high as possible and don't let the buggars take it off us for nothing because if that is the plan, you are playing into their hands.
Given them authority to issue shares- I almost guarantee a CLN is on its way.
The best outcome for you all is to have a placing subject to shareholder approval, which means you need an RNS early this week
Oh- you must ALL vote to sack Sarah Cope
Whatever happens next, if it’s the CLN then it’s curtains for this company, you must avoid that at all costs!
@sdg1970,, If they did'nt announce the fund raise, then with the share price movement I would being guessing a CLN was on its way...
Tai c isn’t dead, I’d expect as part of this drilling programme we will go back to tai c with the smaller castings and go into the basement.
To draw out the process we might do itumbula now and tai c later in the year but I feel we have two shots still. I guess it depends if they truly believe tai c has helium in the basement or not. After these drills we might be trading sub a penny so will be hard to raise further funds.
Guessing sometimes gets the answers ahead, when enough contribute, and sometimes saves you getting your fingers burnt.. discovered the cash box option before it was announced, so knew funding was possible..
Theories will differ as feedback from others add more details, like Skittish reminding us that the cash box associated company was JersyCo.. Which then highlighted the missing RNSs on Lse.co.uk, with the info to confirm what he said..
So its back to the questioning the purpose of the new company...
Just for information.
These are the licence areas around Rukwa outlined in the December 2020 admission document.
https://www.flickr.com/photos/194934344@N06/53206195230/in/dateposted-public/
Note the unusual gap in licences in the middle - we never applied for that one, just to the East of Itumbula, possibly the most prospective licence around.
This is the licence map now
https://www.flickr.com/photos/194934344@N06/53312737487/in/dateposted-public/
Since 2022 Kidunda have taken the "gap" licence and two of our other applications, Pemba one of our applications, and Noble most of the other.
This is Eyasi showing our "secret" applications and the dates of those. The deal with PURA/TPDC came about supposedly to resolve the issue of "overlapping licences since 2017".
https://www.flickr.com/photos/194934344@N06/53315420152/in/dateposted-public/
But the issue only really arose when we applied for the licences earlier this year. Noble also has overlapping licences, as have others, no PURA/TPDC agreement with them!
And this is the overlapping oil/gas licence area, with our new "secret" licences, and the 2D survey area which was carried out last Summer.
https://www.flickr.com/photos/194934344@N06/53315769617/in/dateposted-public/
No conspiracies here!
This is all fact, but undisclosed. Thank goodness the Tz government isn't as secretive as Saint Lorna.
They're quite happy to publish the lot on their websites.
It is all on Itumbula, yes; but the issue for many here will be what extent dilution will be and how that will affect their get in points/averages going forward. Potentially - and I emphasize potentially - 1.5+ billion shares doesn't sit well with many LTH's. Just sayin'....
I know....
I'm not restrained enough.......
Just wait, stop guessing and we’ll know soon enough. Chill.
Lots of conflicting theories out there, some positive, some negative. So some of them must be, by definition, a conspiracy theory. You’ve pushed a number of differing theories on your alternative Gold site over the last 48 hours.
Conspiracies, Even though last time He1 decided to update the market after hours, still some how lse.co.uk never listed the cash box raise notifications, neither of them... which meant the retail offer, being only available for a few hours was missed by many...
https://www.londonstockexchange.com/news-article/HE1/proposed-placing-of-ps6-3-million-and-retail-offer/16113590
https://www.londonstockexchange.com/news-article/HE1/retail-offer-by-primarybid/16113591
Just looking in on the bb to see if there was any hope for a little recovery trade?
I held this when it was the previous shell company as a speculative binary trade and sold out at 9p not long after it was HE1. It’s a shame to see how bad this company ran its opportunity and have destroyed their chances in the main.
I also noticed that ART123 was here too and regularly posting. My apologies also for you all having to put up with that loser. He’s almost the master of doom and gloom and is clearly the painting in the attic of Warren Buffet.