The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
They did some geoscience mapping work for/ with Helium1 for their Rukwu exploration……. Getech should be all over this PR wise considering the stratospheric rise that HE1 has recently enjoyed which is because they have successfully found the sweetspot of a working helium system.
Getech IR & PR need to get on board…..
Hi DAVID.M
Proventure do not have any obligations as yet! They have not announced anything, have not signed anything and have not had a single word to say throughout all of this. The only person saying anything at all is LC & the BOD.
Who knows because we certainly don’t, Maybe initial discussions were held and a (verbal) sign of interest was indicated but there is absolutely nothing to indicate they are on board in any sense let alone an obligatory sense.
If preliminary discussions were held, I can quite see Mr Kona saying he’ll be happy to have further discussions and explore possibilities but as a general indication - not out of obligation. Clearly Proventure have no obligations here.
I know we disagree on this but I respectfully suggest that the issue here is not Proventure but LC. And there are no signs of anyone else jumping in to do business with them….. none of their other 3rd party talks have given rise to additional partners, funding or Jv’s. If he asks for more funding from Kibo tomorrow that should tell you no pennies are coming from elsewhere.
Wishing all holders here the very best - genuinely hoping something turns up.
Fordm….
The only corner I see here is the one I’m sat sobbing in, and dribbling too on occasion.
Let’s hope, as part of that, he ditches his proposal to cancel all new oilfield licences and allows the current ones issued but not yet up and running, to stay live.
Our Mr Mellon has fired up his share certificate printing press again, I see…..
Good to see directors buying in again …..Always a positive sign
That video is 3 years old ……
They previously stated in more than one RNS that they were in advanced talks with other third parties to secure funding. Clearly those talks all came to nothing so that begs the question why no one is willing to enter into any business agreement with them…….
If the could have secured alternative funding they would have - nothing with Proventure is even signed yet ( as per previous RNS).
Not helpful for anyone ….
Clemdave - best post on here.
Morning everyone
It’s been a while since I last posted on here …… was rather hoping we’d have been further along than we are by now! Rinse & repeat here, that’s for sure.
My enthusiasm for this share has certainly taken a bashing and I know I’m not alone in that. Thing is I now no longer believe there is the will or need in the BOD to advance the sp for the benefit of their shareholders today, tomorrow or at any point at all. They seem content to bob along rowing backwards with no sense of how exhausting it is for shareholders to tread water for so long. Their way or the highway so the highway it is once I hit breakeven. Potential is just unrealised possibility and potential doesn’t grow the pension pot.
Also I’ve had it with IR - bloody bad form from them. And no questions I have ever submitted to an AGM have even been asked. Just rude.
Hi AI……
That recent appointees are very USA focused, and I do believe they were brought on specifically to crack the US market. As for listing in the US, with the way London is at the moment, I think the same could be said that all companies would be better off.
I believe this will be a takeover target at some point, and I am holding specifically for that.
HullFC4ever - “ A transformation from being on the knees does not happen overnight.“ Absolutely spot-on.
CEO has stated market leader in 4 years - that’s a big bold statement from Mr Kelly and I think it’s quite a tight time frame, but he has put it out there and he will be judged on it because if he doesn’t make that, it will be seen as a missed target and a failure to deliver.
Without rebuilding trust, which certainly doesn’t happen overnight, the share will not be worth anything to anybody let alone be a take over target. Current management are going about this the right way…… they are rebuilding their brand and their business and they are going to market with their prospect. Time and patience are required because they need to earn their place. So many people, both institutions and private investors, are deeply underwater here, and it is unrealistic to expect a fast turnaround in either sentiment or the bottom line on the ledger.
I think they will do it, but it will not be a fast process…. I’m not even sure they’ll do it in four years. This is not a trading share…… this is a long-term hold for what could potentially be incredible gains.
GoldGirl….. you made your breakeven….. are you still in?
Crazy to think this is real ! Losses feel like distant memories now….
GoldGirl - looks like we get to do this all over again next week for our sins! Didn’t honestly think I’d get more than one bite at the cherry….. did you make a decision ? Are you going to cash out at or near b/e or is it in for a penny, in for a pound? Im sticking to Plan A - just hope AJB execute the order this time round, assuming we reach those dizzy heights again. Don’t think I could take another failed transaction!
LTHs do deserve a bit of good fortune - pleased for those who jumped in on the recent raise, it’s good to know it hasn’t been all doom & gloom but definitely time for the LTH’s to benefit here.
Have a good weekend everyone -
Neill777 - “ You sold... so why here on a weekend???“
No I didn’t sell ….. …. And I check in here as I do on all my holdings -
2 posts from me - both correcting your errors funnily enough, but over 50 posts today from you!
Neil777 - and I Quote directly from your earlier post “she absolutely does and her CV is unbelievable.
Available on LinkedIn
Makes Bezoz look like an Amazon warehouse packer!!
Tullow amongst others as she learnt her trade and a world class and respected journalist….”
She’s not a journalist she’s a geologist 🤣🤣🤣
Last week you were calling her Lauren ….. 🙄
Have a lie down before you spontaneously combust 💥
Yes yes I know…… don’t get emotional about a share but this 🤬thing has the Heineken effect……it reaches parts others can not reach.
I know it’s beyond all reasoning but Dear God 🤬🤬🤬🤬🤬🤬
And yes, Sundezena, I-know it’s due to rise but that’s been the case for years now and even though it could, and it should, the 🤬 thing just farts around and it doesn’t.
🤬🤬🤬🤬🤬🤬
And breathe…..
“ if this post gets enough likes i'll set one up today” - joe80 fab idea!
please count me in. i’m sure the other stalwarts who contributed valuable insights and ideas and gave freely of their time would be happy to post again away from the dross.
the past few days have seen this bb turn from a predominantly cordial, hugely informative, mature, robust debate site with a healthy exchange of ideas and viewpoints into a back alley for rudeness, personal attacks and ignorance. it’s easy to be ignorant and vile from behind a keyboard but maybe those posters don’t realise that their posts say far more about them that the people they are ****ging off.
just vile.
Realeased out of trading hours ….. I always think it’s cowardly when companies time their releases thus……
Hi GordonBennett1 - my sentiment hasn’t changed AND I didn’t sell as my sell order wasn’t transacted in good time. By the time AJB got around to it the offer was below my b/e so ……… intention was to remove stake and let profit free ride but alas……
I remember your earlier morning posts - you sold out and bought back in on the dip, right? Good for you! It’s good to know that some of the pleasant posters did well today.