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OMG there are transactions on a stock market - what next lol.....
Shares go up and down - it's a market lol.
Funds don't buy until a certain MCAP exists - doesn't matter what lol.
Trading and investing are normally two different beasts lol.
The best investors in the world aren't generally found on LSE - so perhaps some reading some honest opinion wouldn't go a miss .
No need to have tour brain and wallet rinsed by anon posters - DYOR ......
JC has been here quite sometime and a reasoned poster and investor, then along comes a newbie decrying the world is about to end because HL don't have a stock feed.
Well I"d listen to JC before the Newbie and the one that is forever rattling his head against the cage..., and whether it shows on any Broker it's pretty much not relevant at the moment. It does not impact what is going on. Yes there have been delays, jeez you get delays in everything .
It's inconvenient that's it. Invest in anything it will be down at some point , and invest in stocks at the start and expect a rollercoaster . Patience is required .
We'll hopefully any restructuring would perhaps mean a better equipped BOD with more Mining experience and more business experience . It's certainly been a rocky start on this journey - hopefully the jigsaw will start to come together soon.
You can see 2 post on the Digest , followed by one in the Main channel covering 8 weeks apart - the work is clear. It is not from Google it is from another US Satellite and SenteilHub 15th April .
Will try another one soon...
“...It's actually quite remarkable what the management team has managed to achieve here. If you look at the North Sea, for example, it took 40 odd wells to make commercial discovery. They've managed to float helium to surface here in three wells. It's significant..."
That’s the opinion of Liberum Capital’s new energy analyst Sam Wahab about Helium One Global Ltd’s (LON:HE1) progress across its Tanzanian prospects.
In his research note he reiterates the not insignificant figure of 4.7% which relates to the flowing concentrations of helium to surface at the company’s Itumbula West-1 well. That, he says, could represent ‘a world class discovery.’ He also reminds readers that Helium One has found pure helium which contrasts with larger industry players who have found impure helium often associated with hydrocarbons. “It costs more to pull those two commodities apart,” says Wahab and that pulling apart process “doesn't really tick that ESG box.”
The company's extended well test at Itumbula in the third quarter of 2024 could determine whether and how Helium One can commercialise what it has. The hope is that what is has is a consistent concentration of 4.7% and that it’s plentiful.
https://www.youtube.com/watch?v=yEBsb_aa-y0
Contd - (other targets) - The success of the exploration progam on Vim Rutha has meant that most of the activities will be focussed on confirming it's a discovery of economic significance and then moving quickly to an initial MRE. Activities across the balance of the exploration licence will continue these include, West Kilimapesa Hill, Teng-Teng, Maghor and Olepoipoi.
Hi JC - Yes K Hill very much the factor income wise and will benefit from the increased Heap Leach Pads, although I suspect we will direct crusher revenue also . Vim Rutha clearly involves Capex and there are many targets surrounding it- These are from a 2022 RNS (13 Dec) - Caracal Gold plc, the expanding East African gold producer with over 1,300,000oz JORC-compliant gold resources, is pleased to announce sample assay results from its Diamond Drilling ('DD') programme on the Vim Rutha prospect, a shear zone of about 4.9km parallel to the known orebody at the Kilimapesa Hill deposit ('Kilimapesa Hill') at the Kilimapesa Gold and Mining Operations in Kenya (the 'Project'). The drilling intercepted, on several occasions and over a distance of more than 2km from west to east, one or more mineralised structures of significant thickness located a few hundred metres south of Kilimapesa Hill.
Highlights
· Assay results confirm the Vim Rutha prospect corridor is intensely gold-bearing, with mineralised intercepts returned from historical diamond drilling as well as the vertical and lateral extension of one or more parallel mineralised structures, over several kilometres of distance just south of Kilimapesa Hill.
· To date, 107 holes totalling 10,424m of the planned 12,000m Reverse Circulation ('RC') drilling programme and 21 holes totalling 3,637.7m of the planned 3,000m DD programme, which commenced in December 2021, have been completed.
· Results continue to demonstrate the high gold potential of the various exploration prospects located in direct proximity to the Kilimapesa Hill deposit or in the same geological environment.
· Results of 722 samples from Batch 5 have been received and results from the DD holes include:
o Hole VMRDD_001 : 13.16 m @ 1.59 g/t gold ('Au) from 45.27 m incl. 1.19 m @ 3.9 g/t Au from 49.79 m
o Hole VMRDD_002: 3 m @ 1.58 g/t Au from 72 m
o Hole NMRDD_003 : 11.44 m @ 3.15 g/t Au from 20.09 m incl. 2.75 m @ 4.12 g/t Au from 25.86 m
o Hole VMRDD_004: 7 m @ 2.63 g/t Au from 16 m incl. 2 m @ 5.80 g/t Au from 19 m
o Hole VMRDD_005: 1 m @ 84.15 g/t Au from 77 m
o Hole VMRDD_006: 1 m @ 1.29 g/t Au from 121 m
o Hole VMRDD_007: 5 m @ 3.17 g/t Au from 57 incl. 12.05 g/t Au from 57 m
o Hole VMRDD_008: 1 m @ 4.04 g/t Au from 12 m
o Hole VMRDD_009 : 18.11 m @ 3.13 g/t Au from 13.7 m
o Hole VMRDD_010 : 7.97 m @ 2.37 g/t Au from 18.05 m incl. 2.4 m @ 5.22 g/t Au from 20.97 m
· In parallel to the DD programme, which took place on the Vim Rutha prospect, 21 RC holes and 2 trenches were completed along the same mineralised corridor.
o Initial geological observations are encouraging and 1,578 samples have been sent to SGS's laboratory in Tanzania (Mwanza) for gold analysis.
· The sixth batch of RC and trench samples have been delivered to the laboratory. These include samples from 21 RC holes and 2 trenches from the Vim Rutha prospect.
Bebs answers a flipped response.
Has your Tardis broken down -- babbling on about the underground part lol. Everyone knows they aren't using it - strangely enough even it was Newmont operating it they would concentrated on the cheapest part first - which is what they are doing, and expanding .
Yes sorry Bebs - Killi hill is being expanded ...... more diggers, more high grade (not your comments). However the bigger prize isn't the hill - however I am sure it will happen and you'll end up like the Best coffee - Filtered......
Bebs - you have constantly been rude to investors - why goodness knows. If you are disgruntled shareholder who purchased near the start around IPO or perhaps in the months after - yes the SP is way down. It's way down for everyone regardless of the size of their investment. I really don't see why you are trying to goad investors who are taking a pragmatic long term view. The figures aren't going to be rosy everyone knows that - and nothing is being hidden . JC is a respected investor and you could do well to be more like him. Good luck with your investments.
The same 20p Target price is on Sharepad/Sharescope - It is a broker Target , and noting there is only one and that is a 12 month one, it's not for next week , or month.
You cannot really get more until there are financials as in earnings. Ultimately it is a lot of DYOR and research imo.
Figure are 2023 First Line Shares - second Options, Next are the same for 2022
Ian Stalker (1) 11,251,343 6,000,000 10,891,343 6,000,000
Lorna Blaisse 40,000 8,250,000 - 3,250,000
Russel Swarts 100,000 2,000,000 - 2,000000
Robin Birchall (2) 40,000 4,500,000 - 4,500,000
James Smith 140,000 3,000,000 100,000 3,000,000
Sarah Cope 212,524 3,000,000 112,524 3,000,000
Nigel Friend 100,000 -
You are fed of tweets - no one is making you look at them !
There are figures in the Tweets...
Go back over the interview if you can , it explains why there are the small raises .
No one likes an investment suspended whether 50% up or down .
Getting the funding is only the start , there are bigger things further along the project.
It's certainly not great the way it happened, it's the end result that matters imo...
Lights on and producing at low cost a commodity that is in demand.....
"Another busy week at Kilimapesa Gold mine.
Mining and Production was on track as planned for the week.
Check out the photo highlights of our activities for the week. "
On X - more Pics today
This dilution is very small, I'd expect more on the full Funding , in the long term that doesn't matter to me, you might find it different and the decision is purely yours.
The second loan with warrants are exercisable at .042p way over the suspended price. It is also clear from the Two RNSs that nothing happens until the FCA approve from RNS 23rd "The admission of the Subscription Shares to trading is conditional upon approval of a prospectus by the Financial Conduct Authority ("FCA"). Caracal continues to progress the prospectus through the FCA.
The funds will be used for working capital at the Company's Kilimapesa Gold Mine and for various corporate costs including annual audit, prospectus costs and funding related costs." . If you go further on the RNS to 14th November costs were put to use here "The funds will cover inter alia the following expansion project scope of work:
· Minopex Phase 2 Exploration and Grade Control Drilling;
· Heap Leach Plant - Completion of Pad 4 construction;
· Crushing and Screening Plant;
· Milling Plant;
· Thickener Plant;
· CIL Plant; and
· Gold Room."