Is this being allowed to go down the pan so that the main investor can buy it cheap or out of admistration and the directors walk away with plenty money due to the 20m that was paid to monaf which most seem to be involved with?
*note this is speculation and poorly researched 😁 but just how it feels
I know what you mean, but I've hung on till the death on a few shares in the last couple years and got nothing to show for it (mostly in isa so can't even offset the loses on tax). Trying something different this time and moved the remainder into kodal
RE: RNS - On Track for Q4 Production31 Jul 2024 09:00
Good to see this is still broadly on track.
I'm not sure if it is choice of words or not. Given that ship 1 had to divert to another port (wasn't it supposed to be sole use!!) I'm unconvinced that ship 2 is off of Namibia and instead may be coming to us via a port in Namibia.
If it stops in Namibia he's going down a notch in estimations for using misleading words. Hopefully not the case, but these are the things I look out for to help me understand future wordings of rns from same company and or people.
RE: How long does it take to drill 150m28 Jul 2024 22:53
No idea of rock/ground type and size of drill rig but I'd have thought 20-40m per day depending on hardness of rock, but that's based on uk experience with small rigs, no idea if it is different over there.
Share price stagnant?? The share price is down 63% in 3 months. My holding is worth so little now there is next to no point in cutting my losses and running. Getting very tempted though.
I did wonder if it was a trader ploy to create a fomo stampede to generate some easy income, but maybe I'm too cynical, hopefully is good news leaking out. Still a long way to go, I'm 70% down 🤣🤣🤣
I'm 85% down too (average 2.27p), would rather lose the last 15% than cash it in for pennies, although if it was bigger sums I'd maybe be tempted to take a gamble putting the remainder into something I feel has more chance of exploding to recover the loses.
RE: What will the ewt bring to surface?18 Jun 2024 08:10
One of the links posted this morning said that the helium was mostly contained in liquids, but noted it as preferred?? My only experience with gas and liquid was igo and it went titusverticus. Maybe the current lab results don't sell the pretty picture they want to.
They batons look approx 4x4' so 100mm fenceposts as we'd know them on their side. Either that the handsaw in the photo is huge. Maybe just blinding concrete.