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Saw the update, it feels the excitement from a few weeks back has gone now. It feels the traders have moved on so stops the big swings in price.
Doesnt lake Rukwa have helium bubbles? Maybe they will put a hose into the lake and filter out the helium from here?
Seems an obvious solution to save millons.....
The board on HE1 shot it down, but i more than certain it was linked to HE1, it matches them exactly with the fact Mike liked it too......
I agree Dai, let the SP build up in excite do the raise and if the insurance pays out bank the cash for the next drill.
Not really, some hint but never say out right we need funding through raises. I think Amigo loans did that but they were up a creek without a paddle.
If Lorna had of kept quite we would of raised at over a penny instead it raised at 0.20 and destroyed everyone.
No I agree legal with you, they shafted the lth's before so have no issues doing it again.
Ill be holding off until funding is sorted or something excites me about the share but right now its in free fall and no one knows how low it will go due to the placing fear.
Well this is it, I think whats happening is that they will pay for the next drill and claim the costs sack however in this case you have to pay up front. the SP is down 7% so the market dont seem to like the update.
HE1 Im watching this as if it goes too low it could do a crazy multi bag like before, whilst not good for the holders if this drops too much their is a chance this could multipage massively.
Gotta watch the fundraise however the latest raise seems to of covered the long lead item but paying for the crew etc will be expensive so expect another raise at some point. Their not afraid to destroy the SP for the companies benefit so I dont want to be anywhere near that when they raise.
Update today looks like they are drilling in April time. The SP rose quite a bit last week so maybe some leaks came out?
Is this the big update those on the board were expecting? The way I read the RNS was its great they are moving forward but talk about Money...... Fundraise due to pay for it?
Not sure Dai, when he spoke a while ack he was one of very few who down played the flow testing most companies ramp it up......
I think having the PANR reps their is good, having more experts dealing with things live give the best possible outcome on this flow testing.
Right get you yes, I think it was all a con flow testing the year after and then buying the new asset kinda says they are gonna drop Alaska and focus on this new project to drive the company on for a few more years. The consolidation will hopefully get you to your 5 pence per share mark dai lol
Too many people on that Matd board claim to know stuff, the amount of posters who claim lp will drop tomorrow is unreal but well done I brought back on the spike only to sell on Monday at avout a 20% loss. Thankfully I didn’t put much in but not the point. When lp drops the sp will fly however by the time it drops I might be retired lol
What word play dai? It says a lot without saying much new.
Matd I watch but it’s so frustrating so close yet so far lol I sold the day before the last rns I was gutted lol
If your looking for a share to buy into bce recently did a fund raise and are due to drill in April so hopefully in the next month or two we should see the share wake up make some money. A few of us in here are invested here.
Tro I’ll stick to my oilers for now way too many risks with mining.
Viking I think it will drop further as they arnt drilling until q3 and last time they wiped out the lth so your better off selling and waiting for the next fund raise. Investors have been bitten once won’t take the risk again so will wait for them to be fully funded.
Flip side is they may get a jv and the sp flies so a hard one……..
I’ll wait until fundraise and risk the jv coming in after last year but everyone has their own investment strategies
Well the sp dropped quite a bit today, they are gonna need more money to run the rig and get staff. The recent fundraise prob pays for the long lead items. I think Lorna said they’re gonna do another well at itumbula? At what point do they get a plant and start getting the stuff out the ground? I suspect many millions away.
Prob be safer to buy legals Kav right now
I don’t post on he1 much these days tbh it’s full of new posters so having conversations we had years back so don’t see much bashing from legal however he isn’t he1’s bigggezt fan lol
That’s it dai, you shaft the share holders once one whiff of a placing the sp will drop like a stone as investors pull out but yeah dai join wolf pushing the share down lol