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Agree with that Watcher. This has to be the defining year of discovery. It’s what we are all invested for. Find the sweet spot and we are many multiples of this price.
Bidding war not out the question either between GGP principle owner and Newcrest.
Watcher……the CEO is presenting at an open forum this week when questions can be asked as well. Don’t see that as poor comms.
We can all agree they have a massive area of exploration in one of the the hottest discovery area s in Australia. Let’s see what the CEO has to say Thursday.
Thank you………Gods own message……saviour of troubled souls?
Going to be massive and save souls. When we all make serious money remember to be kind and give some to humanity to relieve suffering.
The big money is coming soon. Spend wisely and with reverence.
What’s the fraud buddy?
We own a huge swathe of highly prospective land, proven up system for copper/gold and presentation next week on next steps. The upside is truly huge with majors surrounding our licence areas with already producing assets.
I’m in. This is a multibagger in the making. Happy for you to set out why this is a fraud…….likewise the companies lawyers!!
Thanks all.
Can you share?
You have to take a moment and realise why and what you are invested in.
Here we are on the cusp with just one of our projects of entering clinical trials to defeat a nasty cancer. I would say given all the work and success in proving it up thus far it will have a pretty good chance of working and if so fabulous that folk with these cancers can be treated now and in the future. Can’t put a price on that!
So for circa market cap of £16 million it is obvious why I’m invested here. The upside is a multibagger plus helping to cure folk. Hence bought some more on the dip as we are entering the exciting phase of this companies life.
Good luck Hemo and all shareholders.
Lanstead do not want to own the company. They are an investor also providing capital whilst the company make progress.
So is it really surprising that they have cashed in some of their shares given the amount they own. They still have a substantial stake.
Timescales not met yet by company but so many other companies facing the same delays in uncertain macro environment.
Still holding a good stake as this will turn quickly once news flows.
Well what a shamble!
Perhaps Mr Minchin would like to pop up and do an investor presentation taking questions from investors in the company he runs ON BEHALF OF those investors.
Perhaps he could answer:
1. What were the ‘legal issues’ that would have delayed the predator rig which had been so extensively tested?
2. Why at the time of announcing the Exalco rig did he not inform the market via the very same RNS that its release was subject to an option for the current operator to retain it for a further year?
3. If so what was the back up plan considering his earlier RNS commentary about how difficult it is to secure a rig?
4. Realistically given his previous comments what are the chances of securing an alternative SUITABLE rig in the next 12 months.
Have to say folks shambolic and he shouldn’t be able to hide and not answer questions. Think the potential is still there but only with different management. As a result sold out break even until visibility on a drill sometime in the future. We all remember the deafening silence for months then we got a rig, then oh no we have to conduct an audit/test on it, then oh no legal issues would delay so now with excitement with Exalco, oh no they have a clause to extend for 12 months. Laughable if not other peoples hard earned invested money.
Good luck those riding it out. May see you back here with decent management and a spud date whenever that is.
Given that we own circa 71% of Innovative which makes the free float small and prevents some II’s from being able t9 get a decent chunk in what is an exciting growth stock.
Wouldn’t rule out an investor approaching TEK wanting a slice of their shares at a decent premium which is then the first special dividend to us all.
LUCY definitely not hanging about and the true potential is starting to be realised.
My take is as I’ve said before this looks like a placing coming which isn’t a bad thing just what price they get it away at.
New joint broker brought in so get it done and then the share price should react more positively to the incoming contract news.