Member Info for jwoz

Along the lines of my thinking JH. Glad to see someone else has a view closely aligned

👏👏👏 Mike B

Estimate todays message concentration of dross and garbage to be sub 50% of total

So a drastic improvement from yesterday

👏👏👏 Espen

Espen what happened yesterday was both bonkers and, I feel, dispicable.

I lost more minutes than I care to count reading the senseless defamatory tripe being spurted and am embarrassed to admit it. (Am sure many are in a similar boat)

1200 posts. Over 90% just awful. Speculatively slanderous at best and down right rude and abusive at worst

All to destroy sentiment and price to get a “floor” to then flip the narrative instantly .

Going back to 1.02p is absurd. But it happened. And short selling seems to be the play as well as, I suspect, market makers taking advantage of weak hands.

That’s the game tho eh!

It’s hard to ignore these boards once you start reading but it really is the best advice.

The raise for the EWT that everyone hates is clearly linked to Tanzania being involved in the company in some way and having their own skin in the game at a very advantageous price - in my view. With a promise of a mining license to return the favour. That is the most logical assessment of that June news. Which would explain the “our hands were tied” story surrounding. Tbh I get it and am fine with it if that’s the case. And it will reap reward (long term) for everyone .We need to stop barking about it.

That aside this company has had nothing but game changingly positive news all year. One after another. At a rapid pace. In an industry that is red hot.

Galactica play is smart to cover what would be a news light period over winter. Price dilution will have its reasons. And it happening around a rapid rise is in part at play. 1.09 p prob wasn’t “that” much below what they priced in a day or two before it shot up to 1-8-2p range. . That deal is a win in my books on its own regardless, Before considering the diversification and sheer scale of what that deal could become. With the onwards bolt ons written in.

I feel for Lorna but I also praise her for keeping headstrong and just getting on with it.

Agree Keepadding

They have basically unearthed a huge source of water in a part of the world where water has serious economic scarcity. In the green factor as well it gives a massive boost to the sentiment of the company. Will take some planning but will be a big value add imo

Roger

Thank you

I was told I’d made the “stupidest comment of the day” stating they had money and were fine

They raised about 5mil in feb to run the day to day of ops (@1.5p)

That is separate to the ewt raise (which was enough to cover every step of the process which we are only part way through atm)

Also separate to the M&A raise recently

So they have money in the coffers. Plenty I would think.

Let’s hope lorna reiterates this

Congrats everyone who held strong and kept faith

Yes Toffers

That’s why Alex Gerko is the highest paid person in the country and the highest uk taxpayer.

The joy of being a market maker

I think the point is the helium is pushing up from underneath

So the basement 100% has helium as that’s where it’s coming from

Just a case of how it’s navigating / permeating the rock formations

Should have said 2-2.35 for KO

Correct strop

As if! 😂 30 days from now - when there are no third party offers currently and for all future third party offers

2-2.30 KO

The guns gonna go off at some point today an this starts racing

Wonder when that is

Cynosure capital dot com

Their investment strategy is literally staring at you on their landing page

“Long term entry points”

So they haven’t forward sold anything nor will they sell for ages.

What a day of rubbish this board has had.

Golden

They were all bought by one investment firm in Oz that focus on supplying capital through equity raises in long term hold companies.

I believe

Agree it’s a sizeable discount even at 1.5 or 1.6

Just suggesting it’s not fair to be looking at Fridays high versus the capital raise price directly

Like many are.

Am saying the number of shares being issued to the primary sole investor would have been sorted earlier in week and set against a different live price (lower) than that of Friday of back end of the week.

The price of the deal shouldn’t really be compared to Friday imo

Given it’s an M&A deal with one buyer of new stock to fund, then the price of the new stock would have been set days prior

The closing price on Friday 16th was 1.44 and Monday 19th was 1.5

And it had been hovering around 1.4-1.5 for ages

I’d suggest one of those two days were the base of the price for the capital raise. HE1 team then watched the stock go on a surge and needed to rush the back end of the transaction

Thats how I suggest it be viewed.

You don’t set an M&A deal price with a primary buyer on the closing bell of the prior day and release the news in full detail prior to the opening bell the next business day.

I can’t see it going lower than this

The herd with narrative about the 2nd (main) EWT being due in a few days are surely just quietly buying now.

I am.

Then it’s feasibility and license etc

The acquisition and its funding are largely irrelevant as it’s one investor and one asset with a long term strategy wrapped around. It’s a huge positive tbh but also can be disregarded temporarily.

We have a 10% Mcap dilution tho. So a target price needs a small downward adjustment potentially. Thats it.

So the main focus of EWT and results being company making are still the only important topic

We had round 1. They were excellent

Round 2 is expected soon. And they could be game changing

Etc etc

So this momentary drop of emotion and annoyance will likely be exactly that… and be played by MMs

This is a buy at this level