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"Tight ship this one. Massively oversold at 0.2p, not a peep, and then boom - we've got it. You just never know what's coming next and when."
The Tanzanian govt are involved here. High levels of radio silence and info blackouts likely to have been enforced.
Which is as it should be.
Very true, but Havieron only needs to get the buyout that it's perennially on alert for and it's 30p+ city again, just for that proven asset. Which could be producing by 2025.
The trough for GGP is just AIM being AIM. The intrinsic value to a Newmont or Rio T has more than been proven.
For anyone who didn't catch them yesterday, please take a few minutes to read and absorb a couple of fine posts by Skittish, which I thoroughly enjoyed, and hope others do too, given that some will have missed/overlooked them. This most considered of postings gives a flavour of the potential that could well be on offer here if considering this as a mid to long term investment. Eyasi, is of course, the focus, and as it is also an oil zone it makes it even more attractive. The possibilities are really limitless when you take into account HE1's capabilities, ownership of equipment, drill success, licences held (vast) and close relationship with the Tanzanian government, People and other companies. The link imo is more than worth your time if you're serious about this one:
https://www.lse.co.uk/profiles/skittish/
...an interesting day.
A lesson in holding one's nerve, which many of us AIM long-toothers are apt to do amidst general chaos, squawking and flailing.
Eventually things come full circle/good. Patience is indeed a virtue.
Https://dailynews.co.tz/major-breakthrough-in-helium/
Just ignore the fact they messed Lorna's gender up. The writer's obviously never seen her. However it is a Tanz media outlet so word getting out now over there.
Id take you more seriously if not a mere 2 days ago you weren't posting Strong Buys on this and saying all was good. Confirmed commercial.
All it takes is a placing to send people into a tailspin. Then by next week it'll be rampety ramp when the same company announces something you like.
Honestly these forums ard exhausting with the sheer volume of turncoattery and faux histrionics.
Succinctly put. Unless a company is putting out death spiral signals this is so standard for AIM it hurts. People tying themselves in knots this week could be celebrating the next. Everything moves so fast and esp in exploration.
Had I stayed put in GGP I'd be long early retired now. Instead I listened to the forum doom place merchants, pi 'shaftings', mates rates, derampers and naysayers and sold out at 2p instead of 38p. I had over 2 million of those. Ouch. I'll judge this one on its own merits as we go forward and it's very much shaping up to be like GGP only gas.
The actual RNS quote:
'By moving quickly and finalising this company led placing early on, we have been able to strengthen our working capital position, which will enable us to fully focus on the next phase of the Company's growth."'
Yes, you conviniently failed to mention the Company's growth part. That little thing people ate here for.
I mean...it's AIM. It's not the FTSE or Premium Bonds. Its not safe. You come into it expecting to be bitten for bigger rewards down the line, or trading opposed if you trade. It's a gamble.
If you didn't understand that fledgling companies were not your buddy in arms why did people come here? You can't have blue days every day and shy-te happens here just as much as good times. How can people not know this? I've been on AIM 15 years and have seen it all, including what's happening here.
This has been done to death on AIM. All the risers have done this to the great chagrin of some holders. Then it was up, up and away and all forgotten as people doubled, tripled or multiplied their rewards. Because of something good the company later that was beneficial to holders. Its's business and not personal, though it feels bad at the time.
Ride or die, as it were. AIM isn't going to change for any of us, ever.
Scott, I'm in an ex-AIM company that the CEO has kept off market for almost SIX years, whilst he's fiddled, and drawn a salary from it, and we've been through hell.
Whatever you've been through here at varying degrees of pain, which i totally empathise with, take comfort from the fact you have an active, now well-funded company in HE1, sat snack bang on a globally-significant reserve with readings that are off all charts. And that you have a strong chance of getting something to all of your losses back in time. Maybe sooner than you think.