Member Info for Desertsands

Ria20 ….

This used to be a friendly board…..you are turning it into a spam board.

Also rude ….

Why lower the tone and insult other posters?

After the last update, I really thought we had seen the back of the 300s and would settle somewhere in the 400s. to have slipped back to below 350 is a bit bleak ……

No wonder things looked rosey😁

Saw the figures and thought that’s more like it….alas….. as they say, if it seems to good to be true it probably is.

Deltalo - “…. as well as to finalise the outstanding administration to complete the JVA transaction.”

They still haven’t signed. No signatures, no JV pennies……. Without those all important signatures, this is just word salad from MAST

Https://news.stocktradersdaily.com/news_release/11/%28THG%29+Investment+Analysis_021324034802.html

Gave a quick peek….

BloodyRedBaron - “ How dare you post something vaguely relevant. Do you not realise this is a sandpit for childish bickering?” Hahaha 🤣🤣🤣

Sad but true. The decent informative posters are drowned out by this incessant drivel.

There is another reason too…..

Helium to date in other parts of the world has been found mixed in with another hydrocarbon, gas or liquid. The HE1 helium at Itumbula West 1 is free flowing and not intermixed with any other substance. Same for the hydrogen. Its extraction is not necessarily going to follow the same path that other companies are using.

Go back to the last Proactive interview and LB makes it clear that because this system is not familiar, they will have to study the data in depth and “ learn how the gases behave”.

Yana, You seem determined to find fault for no other reason than to be contrary. All the questions you pose have answers, if you bothered to look for them. The information is right in front of you.

Well said aspers ……

Investing101 -"Reckon he’s saying that we’re going to watch a repeat of something happened before. "

Hopefully MM hasn't decided to go back to selling music ( videos) 😬

Sandyman: - “ wonder why thy didn't send the samples off for testing as soon as they had all the samples. They could have been tested concurrently with all their own testing”

The RNS clearly states “ Duplicate samples collected from all three well test intervals will be sent to a second laboratory for analysis”.

They collected additional samples to run their own tests and to send off, at the same time. And then the well was sealed. I think common sense dictates that there is a time lag for prepping and despatching them for secondary verification due to the samples needing to be securely packaged and for the correct customs documentation to be obtained, stamped, checked and released for transporting to the lab. Lab is out of country so not down the road from the site! To expect testing to run concurrently with their own onsite testing is just not possible!

Then you state “ I think i would have been happier if the duplicate samples had been sent off to where ever straight away and the statement in the RNS would have given us a better idea of when to expect verification”

The samples were sent as expeditiously as possible. The company would not want any delays confirming their own results and they have clearly stated they will update the market as soon as they have the results. It is not reasonable to expect them to RNS a date for the results when that date is unknown and at the mercy of customs in Tanzania and the host lab country, transit time, analysis time etc. In a previous interview on Proactive Investor during the Tai drill, Lorna was asked for a time frame for obtaining results if sent for external verification and she’d given a time frame of a several weeks. Noble have recently had their results from the external lab for their drill which was running around the same time as Tai. Discount 2 weeks for Christmas and you’re still looking at approx 10 - 12 weeks. I’m not saying this will take that long as I think the Tan Gov would green light and fast track but it isn’t an overnight jobbie …..

Oldapache - you say the ONLY path management CAN take is to accept a buy out and that any other options are white noise.

How did you reach that conclusion?

A lot of shareholders may indeed vote against that if put to them as far greater gains are to be had from JV’s

I think Yana is Neil777’s evil twin. 🤯

S.F.B.A.W.T Fordm, S.F.B.A.W.T

Never fails to disappoint…..

OAC -

I am probably going to get shouted down on here and accused of all sorts, but I am going to say this nonetheless.

I personally think that MM’s background has an awful lot to do with how he conducts his business. you’ve got to give the guy credit for what he has achieved because let’s face it, it is remarkable and nobody can take that away from him. But when you come from so little a lot of what drives you is kudos and respect from other people, it’s not just the money. Personally I think MM feels he should be lauded as the next Bill Gates, Jeff, Bezos, Elon, Musk, and I don’t think he can understand that he isn’t ready to sit at their table. As for listing in the US, if he thinks they’re tough here, they will make mincemeat of him there. There is a ruthlessness about the US and his crying in his cornflakes would be laughed at over there. He is far too thin skinned and I really don’t think his ego could take it.

Right, I’m off to the stocks to get ready to be pelted with verbal tomatoes and rotten eggs….

And we’re back to posts about takeover talks 🤷

MM has clearly said he’s only interested in partnerships…..

Misery loves company Fordm……. I’m coming too 🤣🤣

100Cups - “ Until there is an actual market ready product, all of this is still a completely speculative play”.

Meatly has gone to market!

DAVID.M - I lodged a complaint with the FCA over all this. As a lone voice I doubt anything will come of it but I figured if I was going to complain, I should complain where it counts, so to speak. The rules clearly state what is permissible and what isn’t, but no point in having rules if they’re not enforced.

I know I am not alone in questioning this debacle. Something quite clearly just isn’t right.

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.