Member Info for kr1988

Good find this, they need to raise so much because because the sp is so low and they need pay back the cash box find raise earlier this year I believe.

This will be a massive dilution I just hope they come up good this time

Yeah the cash box are a bit dodgey dry up a new company load it with debt then when he1 share holders approve it pay it back.

Tro she was on another bod and I think she did some funny deals which crippled the company. I can’t remember what she did but I think it didn’t benefit the lth and the company in the end was worthless.

Will be interesting how low it goes as like you said tro if they strike flowing helium the sp wouid reach 15-20 pence if not more so incredible returns potentially.

Says sorry

I can’t open it dai sats you need permission

Id expect they will raise 2-3 mil just enough to finish the project. They have plenty of money but need more cash for the delays and spares. Not sure how much the drill pad cost and the extra 7 inch pipes for Tai 3 but its properly not huge so cant see them needing the 6-7 mil they raised recently again.

I like 4d simple and leave people guessing. I’ll get the company name incorporated and then we just need a nomad to value us at 50-60 million and we will be quid in.

Yeah I agree I think the board don't like the giving up the large portions of the licences in return but the money their getting is quite substatial.

PP can I come work for you as part of the company? I want to be fully remote big salary company car and a flash job title that's vague and no one really understands......

EUA if they sell the Russian mine will that be all their assists gone and they will become just a sell company?

If the war stops this type of share could rocket......

Yeah my tradinging for the year has been wiped out by this share. Just a timely reminder don’t go ‘all in’ so if it’s bad you don’t loose everything

Like tro said earlier it’s prob only a small raise a few mil so hopefully not a huge dilution. I hope on jan they drill the itumbula and finish tai 3. If they do them back to back we might see the sp recover. The longer the delay in finding goes in the further the sp will drop.

Tro your a newbie too lol in for about a month or so? Sadly you picked the wrong month to invest.

Yeah think so it’s just getting the bottom right and buying back in. I can see dec being a long month where the sp could slide.

Just sold out 1.74 that's about a 50% loss

Got a very small personal pot (less than £200 currently after the big loss) left in their in case it recovers but since its so small may as well let it ride..

That appears to be a big sell Dai looking at them numbers....

I'm in Kod that's doing ok today Tro but HE1 its kind of do I jump now or sit and hold can it get worse?

Good to see one investment doing well lol

Id take a takeover tbh, been in and around too long now, way too emotionally invested in this stock so would love to see it sold and gone for ever. I brought back in on the news the well was plugged and suspended thinking a perfect time to buy in so sat on 50% loss currently thankfully I sold a big chunk at 20% down so I'm not in a position where Im too upset if this sp drops further.

Id take a quick offer to double the sp and walk away rather than waiting for the up coming drama of our next drill in Jan

Yeah that was the figure I had in my head Tro its topping up rather than a full on raise.

Do we know if the long lead items for Tai have been ordered I think its 7inch castings?

Hopefully after itumbula they will go back to Tai and finish it off rather than waiting 6 months to drill it.

This is unreal right now, it was 5 pence before rig was announced yet we are half way through a drill programme and it’s as low as it is. I suspect the buyers will be a corporate company looking for a quick 10% flip can’t see them doing a big discount based on the price it is now. Great entry point for people to buy in. If this turns into a success those buying these levels will do very well.

However if it’s bad news the nex t big raise coukd be nearer the penny mark and cause a massive dilution.