So have I got this right ? We wait all this time for the licence ( that some said we would never get ) and then we cut our losses and sell it off on the cheap, exactly what losses are we talking about ? Good business would be to exploit this valuable asset, that is obvious to a child.
RE: Baron gone long on Enq - enough said !!9 Jan 2021 21:05
Point taken and I have some time for Baron obviously no fool but no-one is always right, he was buying into Gkp way to early ( we've all done it, when they pile in just make sure that you pile out before them.
Trying to belittle others with insult seems to be your style mrc, it matters not too me but says much about you, I've been posting here for years not a few month's blowing hot and cold as it suits your purpose,
As I have already said this Bod inherited Heliem One from the last but Mrc and his friends keep saying what a bad investment they made ?
They should of sold on flotation they say but didn't so they are at fault while ironically they should have protected our investment by buying more if they believed in it ( while they don't themselves ? So how would they have done this without borrowing ? They should have sold at £800,00 they said ( now the investment is worth a further million they should sell now before it goes to 2p, really guys do you have a clue.
Holy if what you say is true then why go on to make a prediction where you are not qualified to do so which at the very least is misleading and ultimately financially irresponsible.
Post from 4th December Chris - my feeling is that the board are trying to move on from the wildcat jam tomorrow prospects. They did well to sell UKOG and I think they will do well selling HE1 at 4p.
I appreciate you may have a flutter on drill results but I will be a bit disappointed if the BOD do. We all know rather too well that after the initial excitement subsides and the reality of development costs and problem of working in Tanzania rear their heads the SP will probably tank.
If they really like this asset they would have protected their share at the IPO.
Last point - 800k cash in the coffers would be handy to provide a bit of comfort in relation to Ruvuma work programme.