RE: Future investment30 Apr 2021 19:32
Hi Bunda and welcome on board,
There is plenty of information on this BB alone, with links and comments provided by of the posters here; just go back on the posts for the past month and you will be amazed with what you will discover.
I was just wondering one thing about one of your comments today:
"Just bought £20k here as it’s an exciting and compelling investment. I’ve been caught out a few times with AIM shares when further investment is required once a discovery has been made".
I am sorry to say, but anyone who invest in an exploration companies ought to expect further expenses post discoveries to develop the field, for instance, unless the explorer sells the assets before further costs. It should not come as a surprise to anyone here that we shall have to raise some cash at a later stage to continue drilling and developing the helium fields once a discovery happens. But that will be a much higher share price, we all hope. ;0)
I would suggest many investor who have had little exposure to oil and gas, mining explorers, etc, to familiarise oneself with the field so you may not be surprised with any of the steps we have ahead of us.
ATB
ST