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Am expecting RNS with courts judgement between 10am-10.30am. The judgement is just being handed down meaning no speeches etc but reporting on its content cannot be done until time of hand down.
HARL lawyers will have the judgement under embargo tomorrow if not already. So watch this space around 10am!
Moneysponge - are you the same sponge as the link posted? If so split personality with one pumping and the other dumping!
Simple really - we know we are fully funded for the upcoming drill in circa 3 weeks time. If no fund raise before results and a discovery is made the share price will likely be at least double or treble where we are so raising cash then will be no problem at a good price.
On discovery might even farm out or have off take agreements ready to roll so no cash raise needed.
If raise before spud or farm out let’s say at 5p (to pick a number) then still binary as if discovery made share price will be 2-3x that price so buying now you still in the money. If discovery not made they will at least already have funds for further drilling.
So simple really. If you are in you are betting on a discovery. Personally I’m in as I think the odds look good. Bring on the drill, could be massive upside. All the chat about will they won’t they placing is just noise! Enjoy the ride if you are in.
The company via their lawyers will have an embargoed copy of judgement on morning or night before it is handed down by court.
If JR allowed on the executive point just means a delay while they take the decision again but within the law this time. A negative outcome will help the MMs to take the price down by a couple of pence is my guess.
On positive news of JR being rejected then a couple of pence up with further rises as significance of that asset sinking in. Interesting day next Thursday
ASX next open at midnight UK time on what will be last trading day before suspension lifted on Monday according to the RNS. So looks likely Noble will release news tonight (maybe 11pm an hour before their market opens).
If connected with Helium One then they will RNS at 7am tomorrow. Interesting!
Explanation for the fall could be that Noble has requested a suspension of shares pending an announcement.
If a JV with Helium One then could be fireworks!
https://www.investi.com.au/api/announcements/nhe/9d77290c-120.pdf
Was watching Britain’s most expensive homes on channel 4 this eve and when adverts came on included an advert for Eroxon.
We are a serious player in the ED market now and with a low market cap the breakout numbers look very impressive.
Disagree there Roger. We are walking hand in hand with the FCA now and remember they said this can lead to Sandbox approval which now the law has caught up can happen very quickly.
https://www.financialreporter.co.uk/fca-launches-permanent-digital-sandbox-to-foster-product-innovation.html?SRC=MC Market cap tiny so upside is significant. Patient will continue to add and will be waiting for the true surge. Good luck all.
Report in Times today says that big investment firms including Legal and General who manage £6 trillion pounds of investment want league tables of companies selling the most sugar, salt and fat in their products so that the investment community can make decisions about the risk of buying into companies reliant on unhealthy food sales.
Now who has a product that would help all food companies reduce salt intake with same if not better flavour?
Crazy valuation of TEK at moment but it’s day will come. All businesses progressing at pace.
Not surprised. Each portfolio company ramping up to become disrupters in their field.
Smart eyewear will be taken out by the likes of Apple or huge eyewear companies it’s so no wonder a big investor declared a good stake in LuCYD.
NEWS on COPD also shows the global need for BELL oxygenators.
IPO on Microsalt and trade sale of Guident and boom the market will be caught way offside with significant price action to the upside.
IMHO Forget the daily moves, bored investor sentiment and focus on the big ticket. Management not in for peanuts.. want each company to be sold for multiple of current price .
Held a few of these when the drilling on Bushranger/Ascot was in full swing and listened to CB’s enthusiastic interviews with journos. But the more I looked at the endless hype without delivery convinced me to cash out. Luckily broke even but would now be seriously underwater.
Money nearly run out based on todays RNS, more jam tomorrow possibilities means this only going one way in my humble opinion and that is sinking til the board can longer take the cash each month for their salaries then over and out. Someone posted the record of CB in all the companies he runs and the share price performances. Speaks volumes.
Over at V*xmarkets they value Guident at £20 million, which is the total value of TEK at the 11.5p mark.
Get the Microsalt IPO away and the re rate will be strong and long in my view. Keeping accumulating at these low prices is like ironing out in a unit trust and then enjoy the significant growth as each company reaches their peak and special dividends kick in at vastly higher prices than now. Patience is all that is required.
Good article in business section of The Times today (apologies print version I saw not online so no link).
It was all about how the PM is keen on promoting UK as the regulated crypto, coin base etc Centre with the FCA being charged with ensuring right regulatory framework. Mentioned just how many of the population have some form of crypto asset.
GST is going to be huge in this space. Right place, right time, right micro cap ready for explosive growth. Good luck all.
To see what can happen very quickly. Take Red Rock Resources today. Announces environmental clearance for mining lithium in Africa and boom goes up 81%.
Not in them btw. But just shows how a small piece of news on tiny market cap companies like CLON can lead to explosive share price gains. Very happy to be drip feeding buys into here ready for the kraken of all surges. Good luck all.
Do the sums. Market cap circa £4 million. Crazy with the huge upside. Imagine the surge when it’s announced that the extraction process works fine and upscaling starting.
Multibagger in the making. Good luck all. All aboard.
No wonder can’t pick up any volume of shares.
Noble confirmed contract by end of month with mobilisation ready and HE1 drilling in August. Wary folk just waiting for formal confirmation via RNS which sounds like it’s coming.
Laura said not interested in meaningless RNS so that’s why no RNS yet until contract signed. It’s close!