Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
Perfect timing for the Board to draw enough funds from HE1 for the 3D and drilling of CH1. Really hoping we soon commit to this drill as Scirocco will bag similar to HE1 come the beginning of 2022.
Up on the open
I hope RainbowRider now understands what a total fraud Zaza was. Instead of blowing smoke up his backside for the past two years he can finally smell the roses.
Based on the following factors
Previous SP when we drilled Ruvuma last
Sale of HE1 shares to fund majority of drill and 3D
New strategy with probable deal being announced in May
The fact that we are grossly undervalued at present
As I’ve mentioned before I can see 10p plus should the board decide to fund The Ruvuma drill CH1 early next year. Nice to see some interest returning here. GLA
It’s when you buy shares, via a broker, and they give you say 20 days to pay for the trade. This is known as a T20. If at the end of the 20 days you don’t want to settle the trade, the broker will sell the stock and immediately buy back the stock giving the client say another 20 days to settle. Usually one can only roll a trade once. There will be a very slight difference in value of the two trades and this is the brokers charge. Often they both go through as buys ( blue) or both sells (red) so can be misleading.
Delusional - we may be here but the Board have abandoned ship with all the treasure.
In my opinion very soon a new deal will be announced. This deal will be relatively small compared to the Dutch deal, but this will be the start of building a income generating portfolio. Our share in Helium One will be offloaded between 15p and 20p which will generate a large proportion of funds required for Ruvuma. I cannot see us finding a buyer at present that would satisfy shareholders as well as the Board, therefore at some point in the near future they will have to commit to 3D as well as the CH1 drill.
The build up to the drill will drum up a tremendous amount of interest in the stock and I can see no reason why an SP of between 5p - 7p could not be seen. If the drill is a success hopefully the 25 year licence will be fast tracked and then I would like to see us sell 12.5% of the asset and retain 12.5% longer term.
It may well be that we see some equity raised at some point, let’s hope this is done at 5p plus as then dilution will be short term pain for existing holders.
The SP appears to have found its low point, therefore I will be looking to add stock in the near future.
All IMO.
blueboy1975 - think you may of hit the nail on the head. Claims to have 60 million shares, but never bothered providing and proof to FSHG. He spent the last two years blowing smoke up Zaza’s backside and is adamant no contact should be made to the company. I personally don’t believe a word he says. Fantasise and totally deluded IMO
BDS1 - as always your input and research is invaluable.
V11JAS - agreed, jam tomorrow will no longer push the share price north as it used to. We need to see both signed collaboration agreements and completed deals in order for us to move to 3p plus. I have total faith in the current Board but they DO need to start delivering on all the promises in the very near future. AIM is a fickle market and once interest is lost in a company it takes along time to recover. Maybe the Board should be encouraged to do a Q and A webinar for shareholders, that would certainly be an interesting session.
ArielArrow - due to the state of the current share price, going ahead with CH1 seems a gamble worth taking. I told this to the Board but remember they are only 50% down on their holding whilst others are 90% down. They probably see it slightly different
Boris Johnson is set to announce steeper cuts to the UK’s carbon emissions as he prepares to host the Cop26 international climate change summit later this year, it has been reported.
The Prime Minister will commit to cutting emissions by 78% by 2035 compared with 1990 levels, according to the FT.
The paper, quoting people who had been briefed on the plan, said the announcement would be made this week ahead of a major US summit on Thursday where President Joe Biden is expected to set out a new US target for reducing emissions.
Looking ahead, I confidently expect EQTEC's growth to be strong and sustained across markets as the world recovers from the pandemic and countries look to build back better and greener. 2020 delivered a global shock, and for EQTEC some hurdles and delays, but it also brought the opportunity for further clarity of the Company's mission alongside an increased determination and readiness to seize opportunities in the immediate years to come.
ArielArrow - certainly wouldn’t disagree with you there. Shareholders have been left just guessing to where the company may go next. Extremely dissatisfied with the new Board since taking over from NR. So much promised - so little delivered.
The meeting was set up at my request just a couple of days ago. I have no idea if any news is due out on Monday. I just felt the Board needed to know how most long term investors felt. Yes, I would rather they do a webinar for all, but something is better than nothing IMO. For the past near on 8 years I have ensured the Board listen to shareholders concerns and I have held them to account whenever shareholders have felt they have stepped out of line. This I will continue to do whilst I hold shares in the company. Chris and I will report back to all as soon as the meeting is over.
Chris and myself will be catching up with the Board on Monday late afternoon. We think shareholders need clarity on where we stand on Ruvuma and why it’s taken so long to announce any deal. Obviously, no price sensitive information will be disclosed. We will report back after the meeting.