Member Info for Jackal5

This is now a helium producing company with a sales pipeline and a lot more to come, including an even bigger play at Rukwa.

At some point the mcap has to catch up, looks like it's finally started.

Complete overreaction, chance to pick up some more. 28 holes in total, next one looking promising.

Haha very true Wimbledon. These boards don't help especially when you've got a so called death spiral, glad we won't be seeing that in every other post anymore!

Many were saying this will drop to 0.1 not long ago, can I still buy some at that price, haha.

Hopefully a lesson learnt for many on here that you should never write a shared off. That the CLNs were just a temporary blip. Anything can happen on AIM. You take the opportunities when the present. They still do, still cheap.

Nice to see no real discount to current sp and when you think how low the price was until recently, very impressed.

MESH moving forward.

For LTH this is short term as many of us have been here a long time. We're in a CLN cycle, but the market will have to correct the price towards the end of the cycle as the mcap is way off. It may start to happen earlier depending on news. However low it goes, there is no doubt the rise will come, due to the current valuation being way too low.

Anyone who has either been here a long time or looked into potential figures from Itumbula 2c was conservative at about £80m and Itumbula 3c maybe £400m. This is just from what feels like a distant memory, but that has not changed. I

The whole Rukwa field could run into £1b+.

This is why there was so much interest on this.

This is far from done. AIM has a habit of putting the fear into shareholders. When all looks lost, suddenly things flip.

Doesn't matter how low this might go or how many shares are issued, AIM is the wild west and based on the potential which still remains here, this could still go 20x over time.

We do see this on AIM.

Some will say more financing needed etc etc, but nothing goes up or down in a straight line.

Financing is part of any exploration company, I think we will see in the next 3-4 months where we are heading, that's not long term, that's still short term, but will indicate whether the CLNs were worth it

Important to keep an eye on the big buys and there's just been 3 pretty chunky ones. Keeping an eye on the spread as well. Waiting for that indication it's time to buy.

Many strange things happen on AIM. As bleak as it looks now, you never know what might happen or decisions that might be made. I wouldn't rule out another twist on this one.

Let's face it Louise if we got an RNS tomorrow converting the rest of the CLNs, you would be looking to buy as soon as possible. What would the derampers then be clinging onto. This would then have a clear run back up.

I still believe this will be £200m+ company once things get moving. As a LTH I wish the sp had not tanked but this is not the first time and at times looked done. Each time it recovers. There is a reason, the resource is massive, in demand and most of all valuable.

I will take this as an opportunity when the time is right to top up as long as the plan is still to become a helium producer. In doing so I believe in the long term it will massively help my investment strategy here.

Us LTH have been through it all before and no doubt in other AIM companies.

Fundraisings happen and often decimate share prices short term, but it's not the end and for some an opportunity.

You could transfer your holding over to another platform which supports AQSE. I know HL will. Not clear yet whether online trades will be open.

Not sure what Halifax will allow now or once delisted from AIM. You may have no choice but to transfer holding to enable a sell or trading.

So at the moment if you take the £10m, it means the resource and the rest is valued at £15m, really?! There is a massive disconnect. There's no avoiding though the SP being taken down with the CLNs if there is no increase in SP.

At some point it will bounce hard, I don't think it's an if but a when. Many will have sold and lost, but some will profit massively on the ride back up. It's all a bit sad but that is AIM.

No one should be surprised by the further conversion today. No point aiming posts at people on here.

What we have today for about a 10% drop is another £1.75m to further projects. This is on top of the £2m already.

There was no getting away from them needing funding. Previously when a raise was done at 0.2 or whatever it was, was also horrendous for long term holders. It did recover.

It will depend what comes next, positive news that will lift the sp or further conversion at probably a lower price.

I do not agree with how many AIM companies go about raising funds but we all know the score by now.

With the mcap at £30m it does leave a lot of room for upwards movement based on the long term plan. It could still achieve many multiples.

Sentiment has currently been destroyed but that's not to say it won't return as production news ramps up.

It's either bottom drawer for a while or time your tops ups right to ride it back up.

Never good for a longer term holder this kind of dilution, but there had to be some kind of raise to grow this. Shame it came at such a low price.

However, it's now out of the way, £10m raised which is plenty to really crack on with. They have a strategy. Going to be some swings in the short term, but surely this can only go up from here.

Definitely an opportunity to buy or average down to benefit when this starts to rise.

If we can see some early benefits of this raise, hoping it will be very short term pain for longer term gain. You don't raise that amount of money for nothing! Returns will be expected.

Possibly works out at about 0.25 sp using current mcap and new funds and total shares in issue. Although it's a massive fund raise. hopefully money makes money.

Can't buy a thing at the moment. Big discount to placing price which is always attractive

Feels like things will move fast for Tower now, including the SP!

You'd certainly expect further contracts being signed and announced in due course.

The Bitcoin approach may also be related to being able to sign future contracts.

Disappointing reaction today but we are doing better than this time last week, so I think it's just the start.