DERAMPERS will spin this27 Aug 2024 10:06
Come on, this is not a fund raise to keep the lights on but a fund raise to strenghten the companies net value? yes im not 100% behind it as such because my interest is only in what HE1 has... but to have an income stream is not a negative.. of course the share price will drop to reflect the new shares but this is to be expected.. and of course the ngeative nellys was going to jump all over this and make out some massive drama
Facts- the money is being invested not wasted... the first EWT is positive and now we await the 2nd EWT... the 1st is good and impressive and yet we know the basement was much better during drilling so the assumption has to be the 2nd will be even better then the first, combined together and this could be some impressive set of results.. in 4 weeks time you wont even be talking about today and the BOD know that...
"We are very pleased to have entered into this partnership with Blue Star that allows us to build an expanding global footprint in the helium sector at such a pivotal time. Our projects in Tanzania remain our primary focus, but this development opportunity enables the Company to potentially secure near-term cash flow to aid with progressing our Tanzanian asset. We now have a portfolio of two potential near term revenue projects in our portfolio.
"We very much look forward to working with Blue Star in this new partnership and aim to draw on our learnings from another proven helium play in order to extend our knowledge to this new play as we advance towards producing assets."
Sign In
Follow the stocks
