Member Info for Magoo79

swsquires if you bought at the IPO you should why the SP is where it is. You don't magically acquire renewable assets in a few days and start raking profits immediately after that. I hope the RNS issued this morning reassures though. Seems like their strategy is being executed ahead of the plan and with returns well above expectations. This is a long term investment and I am confident that it will soon trade above NAV

great stuff. This is derisking EMH plans further.
Glad I bought at 17p :)

Shanta are giving a presentation here on the 25th and I would expect them to deliver some news prior to that. I seem to remember that during the last presentation on investorsmeetcompanies EZ hinted at some news on WK "in a couple of weeks". About time then to get some drilling results and perhaps some positive news on the VAT dispute..

indeed. Great numbers and real turnaround. Particularly impressed by the debt reduction

hi Trek
I also have an account with LSE but for some reason often I don't receive the RNSs. This morning I got the ones from SHG and ECR but not HE1. Perhaps signing up to the companies' mailing lists is a good idea too.

just touched 1841! SHG is going to fly before the end of the day

it was a textbook fibonacci retracement. I took another bite at 17 and I am now fully loaded

great to see gold smash through the 1800 ceiling. This should lift a depressed SHG share price too..

just smashed through the resistance and psicologica level of 1800. Trading at $1811 right now. Hopefully this will consolidate the recent moderate bull run for gold and lift the share price

can someone please post the link for the webinar? I can't find it anymore. Thank you

unless someone here is looking to do day trading without knowing anything about TA, there's no point to get stressed about today's dip. We have more than doubled the SP in a month, it's healthy to take a breather before attacking new highs. Quite a few short term punters are now taking profits but more and more, me including, are waiting on the sidelines to add to their position. I am not a TA expert but I won't be surprised if we are testing 18-16p levels. If that happens i'll top up.
What's certain is that by the time the drill bits start turning we will be above 25-30p.
Switch off and relax, DM is doing an amazing job

I was so happy to see the dip today, it gave me the opportunity to bank some profits on another share and put the proceeds into HE1 for a cheeky top up.
Now let's move back up please!

no, it's no automatic but prices tend to align. If they don't it's an opportunity for arbitrage..

@margie I received about 70% of what I applied for. Maybe how many shares you already hold had some weight on how many you received?

glad I managed to snap up a few through the placing last night. It's opening at around 26.7 (-6.5%) which is not bad at all.
We may even close in the blue today. Last few days below 30p guys!

Patience is required. Amazing grades but in very shallow layers only found at high depth. However, the good news is that there is indeed gold and the data gathered will be very useful to get a better picture of the geological structure. This will allow more targeted drilling and hopefully better results. Time to ignore the daily swings and wait

hi CD
thanks. Apologies, I thought the third mill was already operational but it is not. That should provide an extra 14% output but i guess we need to wait a few more weeks for that..

I don't care if you are ill-informed or if you are just trying to spread fear, but your comment is just preposterous.
The new president of Tanzania has publicly declared just a week ago that she wants to create a welcoming environment for foreign investors and has apologised for the previous attitude of the country towards them. She also stated that gold and HELIUM are strategic areas where they expect more investment. Now, how many HELIUM companies do you know in Tanzania?

it's getting silly now. Next week we should be getting Q1 results showing an increase in production from Q4 and a growing pile of cash in the bank. Dividend is being paid on the 20th and additional drilling results could be landing any time. POG is reversing the trend and the new president of Tanzania could not be clearer in her statement of support of the mining industry. I just don't get why we are not back above 16p. I wish I could add more at this SP..

£20M? LOL
are they going to provide drilling services instead of developing their own licences?
What's the point of making up such nonsense?