focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
News I am just trying to absorb your posts and have looked at Noble Helium which is listed on the Australian Securities Exchange (ASX)
31st January 2024 - Quarterly Report for Quarter Ended December 2023
Noble’s flagship North Rukwa project lies within Tanzania’s Rukwa Basin
(Looking at the 15th March article in Geo Expro the image shows both Noble and HE1 respective licence areas - HE1 being below Noble)
The Mbelele wells completed at North Rukwa, multiple data points throughout the drilling campaign point to a prolific helium system
Also body language and facial expressions, imo she is being honest with her findings and looks to be very pleased and excited about getting results in to prove what she believes to be there, watched it twice now
RNS 11th January 2024
'Further to the announcement on 04 January 2024, the Company is pleased to announce that it has now received approval of the proposal for the settlement of creditors under the TSP (the "Settlement Proposal") from all three creditor groups. Therefore, the Company has submitted the Settlement Proposal to the Court in Lod ("Court") to seek its approval. The Court is expected to schedule a court hearing to consider and approve the Settlement Proposal. Should the Settlement Proposal receive Court approval, the Company will exit the TSP process'
RNS 20th December states extension of the TSP until 30th January 2024
News therefore imminent and judging by yesterday, when it rises it proves very hard to buy, so my decision is to hold
GLA
20th December RNS:
"The extension to the TSP process is expected to provide the Company with sufficient time to convene the creditors meeting within the TSP period. Subject to the approval of the Settlement Proposal at the creditors meeting, the Board anticipates that the Company will be able to successfully exit the TSP process prior to the END OF JANUARY 2024 with a strong cash position which will enable the continued operations of the Company. A further announcement will be provided once the creditors meeting has been convened"
Main market share - not AIM
Of course it will rise after the dips, do we really think that the Tesla Trio have acheived their position in business by putting their heads in the sand when faced with a problem? - They may even be one step ahead for all we know at the moment
GLA and hope you have a wonderful Christmas
LB
Hindsight is a wonderful thing (18p) and to all of us who have been here for years best of luck to us all for next year when the drilling starts (season ends when it is too hot - our Winter is their Summer) so drilling should commence end of Feb/early March)
Have a great Christmas and New Year
LB
As I see it, DGI is a Main Market, Standard Listing - A standard listing requires businesses to provide a prospectus that has been vetted and approved by the UK Listing Authority (UKLA). An AIM listing does not require a prospectus, but an admission document
What if they become a Premium Listing, , which would give them the opportunity to be included in the FTSE UK series of indices; these include the FTSE 100, FTSE 250 and FTSE Small Cap indices.
Dgi are a Main Market share, not on the far riskier AIM - bought more - GLA
Bought yesterday and holding, interesting to see what the American market opening @ 14:30 does, expect a bit of a dip before then, happens sometimes with the other shares I hold, but who knows, if it does very tempted to top up - GLA
RNS - 8th November - Diamond Drilling Underway at Cottesloe
"Diamond drilling has started at its Cottesloe tenement. Support trucks and camp have been set up and drilling has commenced
As reported on the 17th July 2023, the Cottesloe Project contains a basinal syncline of the Broadhurst Formation. This formation consists of a package of carbonaceous shales and siltstones with known pyritic horizons. The pyritic horizons have formed into gossanous ironstones at the surface and these have returned extensive base metal anomalism in the 0.1-1.1% Copper (Cu), 0.1-3.8% Lead (Pb), 0.1-0.4% Zinc (Zn), and 2-80 g/t Silver (Ag) ranges. Other anomalous elements include Barium (Br), Manganese (Mn), Cobalt (Co), and Nickel (Ni). Rotary Air Blast ("RAB") and Reverse Circulation ("RC") drilling in the keel of the syncline has confirmed extensive anomalies in the oxidized zone. Base metal anomalies with highest grades over 2 metre samples were 0.25% Copper (Cu), 4.6% Lead (Pb), 0.97% Zinc (Zn), 165 g/t Silver (Ag) and 0.26% Cobalt (Co) with anomalous zones extending up to 34 metres".
Said it before, price is undervalued....imho
12th October RNS
"Diamond drilling starts at Wishbone's Cottesloe project in the next two weeks targeting the Sedimentary Exhalative ("SEDEX") base metal system previously reported. Raglan Drilling will be carrying out the work at Cottesloe and have extensive experience in the area"
We have surpassed the '2 weeks'
Some obvious tactics again on here - however, if you only read the recent RNS (12th October) - Diamond drilling by Raglan Drilling @ Cottesloe 'starts in the next two weeks', (we are now passed the first week) - Diamond drilling @ Cottesloe will be 50% funded by the W.A. Government, Cottesloe located 55km south of Newcrest's Telfer gold mine, Wishbones Red Setter project is only 35km south-east and by mid November the assay results from Red Setter are expected from Intertek - my guess is those that are interested in this share are taking up their positions, if not already
Successful Aplication for EU Grant - see 31st July RNS
Huge sigh, imho maybe one of the reasons this share is so low is because some do not read any of the RNS's
GLA
The predictability lies at your door Watcher, if you were not itching to reinvest in this share you would have been long gone by now - the more you go on the more transparent you become and throwing insult at good people for the decisions they have made….speaks volumes
This share will rise but you won’t see an ‘I told you so’ from me
GLA