Member Info for CrustyPete

The setting up of a new entity is also totally standard practice - the TG need to take 16% of something and it has to be a Tanzanian entity. It also makes it easy for a potential farm-in partner to take a stake in any particular license.

Totally standard triplestar

But Alcapone that presupposes that new mining activity is perceived as being positive?! If previous elections are anything to go by the incumbent govt has, typically, chosen to shunt any activity into the next parliament. Maybe new mining activity is seen to have negative connotations? Exploitation by overseas countries or entities, corporate imperialism, corruption through lining ministers own pockets, eco vandalism etc, etc....

Yes but the bid is back to 1.00p - 😒

"Because" even Doh!! 😖

Bacuase when investing in AIM shares "no is never good news" and who knows how long we will have to wait for the next piece of positive news? If we have to wait too long, if Selan delays the workovers or the new drills much longer, that next piece of news could well be the BoD running to the bloody market for more money.... and at best people just decide they have waited long enough and choose to do something else with their money hence the constant drift downwards of the sp.

This shower isn't getting any more of my money until I can be confident of what that money would actually be buying and history suggests that I am likely to wait a lot longer than I would like whenever the awaited news is due from India.

Which is about 1.02p at 1.29 $'s to the £.

Yes indeed McNol and moreover the price of HLOGF rarely reflects any correlation with the UK price, often going up when the UK price goes down and vice versa. They are not "fungible" and so cannot be arbitraged between markets, therefore the minimal correlation.

Not only a sad, sad bastard slacknackers but a fantasist too... or maybe you can't afford up to date data?

Time you went to troll anew board slacknackers, you have been seen wanting too many times here to be anuthing more than a figure of derision and pity.

Oh dear slacknackers it appears to have gone blue 💙.

And no, not on the basis of one trade above the mid price 😂

You sad, sad bastard

And/or J31 well test results.

BOJO, you ought to direct your comments to Chester not EE - the word "expect" was his - EE was simply quoting him.

Yes the moron that is slacknackers failing to identify that a sale below the mid price does not reflect the real price.... but hey it evidently gives him some pleasure - little things please little minds eh? 🥱

Thanks for that Toffers - useful and very clear. Though one observation. It states that "the investor is required to undertake beneficiation in Tanzania". Thankfully, as was mentioned at the AGM, there is no "beneficiation" required for He1 - once separated from the H2O it is ready of export.

Sorry Galactica developments offer "further downside protection"....

Agreed Wimbledon and I have stated similar myself in the recent past - but wait until all the boxes are ticked and, all of a sudden, no further upside. Surely that is the why we are all here at this stage of the journey?

What is it that Zoffy and his scaremongering cronies, seemingly at least, fail to understand? I suspect that, in reality, they do but of course admitting such would not suit their agenda.

Zoffy you must have worked long and hard inventing as many negatives regarding the He1 "project" as your vivid imagination could come up with; even those that are "real" are exaggerated or over stated. What you singularly fail to acknowledge, let alone mention, is that for 99% of shareholders here the risks are known and accepted - the difference being that we having identified the risks we as more than comfortable in taking those for the potential reward. Moreover every subsequent development derisks the project yet further making the risk reward ratio better still.

Add in the fact that the Galactica developments offer further downside risk and all of a sudden the He1 project offers a compelling opportunity.

There is no doubt that there are still unknowns and risk involved but, I suppose it depends upon a persons risk appetite, it sis evident that yours is very low and He1 therefore not for you. Accept it and move on rather than waste your every spare moment trying to teach experienced investors, that know what they are doing, that they are wrong: and failing. You are a broken record.

Go and get a life.

Not just an other anticipated pipeline start date, no, how many false dawns have we suffered previously but "boots on the ground" and the work started on NT2 and yes, I think 2+p is eminently feasible - indeed I could see 2.5+p before completion of the two work programmes. Demonstrates proof of concept at long last, after which it is then purely a question if how quickly and by how much can they ramp up production. I hope that we don't have to wait too long - as we all know what happens to AEX sp through a period of "dormancy".

Another tick up - now 1.40p BID 😊

Sorry, 4 billion not 400 million!