The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
“The Rukwa, Balangida, and Eyasi projects are located within rift basins on the margin of the Tanzanian Craton in the north and southwest of the country. The assets lie near surface seeps with helium concentrations ranging up to 10.6% He by volume. All Helium One's licences are held on a 100% equity basis.”
From the 5th feb RNS,
Imagine if the results comes back and is double than the 4.7% initials stated. Where would the sp be then 😂
Risk I can see is the results back doesn’t state the 4.7% initially mentioned by LB. Alternatively if they announced there’s actually more than expected of the 4.7% this will fly through double figures. Once this RNS is out the way and fingers crossed positive for share holders I will be able to breath easier.
How long does that take generally? 50/50 if the evaluated results are poor then this will tank and if it’s confirmation of what’s been said it will rocket way past 10p in one trading day imo. Risk/reward needs to be applied on each individuals financial situation.
“ Raising of at least US$12.0 million via the issue of new ordinary shares in the Company to third party and existing investors (which would be satisfied by the proposed equity investment by Southern Point Resources - Fund 1 SA L.P., represented by its general partner SPR GP1 Proprietary Limited).”
From the November 27th RNS.
As long as the $12m aren’t raised by issuing 1p shares etc. or am I understanding that incorrectly?
You can’t win with some people. If the directors didn’t buy Pinocchio the big nosed freak would say they don’t have skin in the game and now that they have bought the buys are irrelevant because they are millionaires. Even if they are millionaires they don’t need to buy shares in the company. Be grateful that they have unless you’re not an actual holder in the company. There are a lot of companies where the directors just fleece the company and don’t put their own money into the game. I for one am happy they’ve invested a bucket load of cash.
EC With respect not everyone that gets annoyed with your constant refresh of prices on here is a deramper or shorter. I’m sure even all the LTH thats been here for years is fed up of your posts. Everyone knows how to refresh the price mate
The share price rose from 2p after the fake bid to 4p on recovery so I don’t see why the share price can’t rise naturally without an RNS. No one knows what the stock market will or will not do. Just as much as you think it might not happen it’s just as much chance that it could happen.