RE: Significant increase in helium concentrations6 Mar 2025 07:21
Really simple, and to be fair. I do not hold Lorna responsible. This company was trading well above 10p for a long time. They were always going to need money and lots of it. They should have raised at that time on a 50% discount and got the money they needed to keep going for the next few years.
They didn’t, then the inevitable delays came, and placings needed with the share price already falling.
We still need cash in the long term and the market is aware of that and hasn’t seen enough of the data from Rukwa to understand how strong our position is to obtain it without further dilution.
But like many, I’m really optimistic we will get there, just some patience needed I think!
Good luck all and DYOR