RE: RNS7 Jul 2023 08:02
Let me tell you what I think might be going on.
To us all,l it seems we are just going backwards with no rig signed yet, the share price moving lower,all due to this lack of news.
But
I think there is something bigger going on here, due to the defending silence not just from He1 but now Noble is that(and this is just a gut feeling), a company or individual with deep pockets might be interested in making a cash offer due to the potentially massive Helium resources on offer.
Ok we said in the past, we need a discovery first before anyone will be interested, but this could be a unique time for a company to move and step in.
He1 don't seem bothered about the current share price drifting with no news to protect it, but if something potentially this is comes off , the sp could be a multiple of todays share price on offer and as the company have said on a few occasions previously our shareholders are important and dilution is toxic to shareholders.
We could all be eating humble pie with what we've all said about the company recently if anything like this comes off, if it does the first step would be a temporary suspension of all the shares trading with a succession of announcements with what's on the table.
As I said this is just my take on where we currently are, and only time will tell,all should be revealed in the next RNS we are have all waiting for.
This could be massive for all holders .
IMHO /DYOR
GLA.