Member Info for lsetown

If it is them then I guess we will have a holdings RNS soon.

Optimistically holding here for the dividends!

Your post has left us all flummoxed.

I had a quick look at GHY and they have a 2U of 33 BCF of Helium whereas we have a 2U of 196 BCF in Hussar alone. We are also much smaller in market cap. and unlike them we don't have a populous management that eats the money fast.

It's a true punt but I prefer here.

I'm not pumping this share but I have noticed that on AIM a price can continually drop with large reported sells, but they won't let you buy any shares.

I guess invoking panic sells via a falling price is a great way to accumulate shares as long as you ignore large buy requests.

If we get the $15m for a minority stake then our majority in Thali must be worth twice the current market cap.

If the drill and financing work then much higher than 0.12 I reckon.

And then there is South Africa and Namibia to consider....

"I've got an average of 0.005 do you think it's reasonable for big gains?"

Is that 0.5p ? If so then you need a 13 bagger which must be possible.

10p a time!

Waiting for a current share price on Ceefax.

Lol. Fax me a price.

The micro numbers confuse us all Slave2Trade.

We are at 0.041p now and Simply Wall Street are putting fair value at 34p.

An 829 bagger.

No. It may be optimistic, but it says:

Current Price UK£0.00039 Fair Value UK£0.34

So it isn't an 8 bagger, it's more like an 800 bagger.

That's about £5bn fair value or a 650 bagger from here!

(It's probably a bit conservative but I'd take that. lol)

Great Charlie Munger quote: "The big money is not in the buying and the selling, but in the waiting."

They are risked values too. I think 54 million barrels was mentioned if the risk is proved to be missing.

Also, that doesn't take into account all the others prospects in the Thali licence which can be drilled with the costs offset from Njonji revenue.

$100m cap could be a start. lol.

Lol. Sawing prices?!

If we can actually keep 62% of Thali then that would be great.

We just need a few things to go right and then yes, these prices were nuts!

I see over at GBP they are moving up and I wonder if it is mainly to do with their adjoining Namibian licence (and not the gold project)? Their recent RNS mentioned a partner in Namibia. We are next door and some of their prospects continue into our licence. Good Namibian news for them has to be good here.

Any loan will be asset-backed. The lender knows they will get paid from revenue.

That cash position is what killed us in the past with dilution of our already low share price.

Once we are at a reasonable market cap. (soon by the look of it) then if required a small raise will be fine.

Just think of the revenue from 8000+ barrels per day......

Before the end of February 2025.

We've doubled and I'm still down 75%. lol.

Seriously though if things come together then this will be a multi multi bagger.