Member Info for rickmeister

The following is taken from the RNS 'one that will aim to achieve commerciality at the earliest opportunity.' Whilst not specifically saying commerciality is proven the it is clear the company believes it is. HE1 directors are not prone to hype. Its up to investors to read into statements made in the RNS as they wish. GLA

Glencore's profits dip 70% and divi slashed due to fall in metal prices. Mining is a very volatile market. Can't see Glen wanting to spend $0.5B (and who knows if that figure is correct) on a new mine in Brazil.

Agreed Cash. Having exited HZM I only have BEM now (at a substantial paper loss). Looking at the extra capex needed to complete this mine the board are either incompetent or liars, either way they are not fit for purpose.

Sorry everyone, mixed up my Vaasas and Vardars.

SP has dropped to almost its lowest level in Sweden. Today's new re Vardar hasn't helped at all. Various metaphors come to mind. Deckchairs and The Titanic and Paddles and Schitts Creek. At least the sun is out today!

Had the same thought, unless the BoD have some further info to release prior to the raise. We have firm date for the fund raise yet but it's at least a month away. Its not normal for a company to give notice of a fund raise unless it has to. Maybe something's afoot.

Eric, the thin silver lining on a very dark cloud for me was the mention of 3rd parties interested in Kallak and the 'intention' to JV or farm out in the future. Separately, a health study reported in The Independent shows that graphene if inhaled doesn't affect lungs or cardiovascular system-apparently a concern that it might. Re Vardar, my guess is that the next announcement will be about our exit. Been underwater so long with this share I'm beginning to resemble a fish!

Yep. Down 25% here as well. Looks like the sub price will be around 1p, so another heaving great dilution.

Not well received in Sweden, currently down 25%. The waiting game gets longer.

No cheap top up then Blubay.

Noble only floated on the ASX 2 years ago and have had 3 further equity raises since then. They are moving at a prodigious pace but maybe investors are worried about another call for cash.

Bunsen. Where has this info come from. No new RNS since yesterday and having checked the company's website no additional news there either.

Agreed Eric. In the meantime our SP suffers the impact.

I can't see where that was included in a RNS. There was an Interim Statement later that month but only had 3 paragraphs on clinical operations and 4 on Financial.

I absolutely agree with your comments Paladin. We have no had a substantive RNS concerning any clinical information for over a year and that was to inform that SPRINTER wasn't quite as good as the company hoped. This is a company that completely ignores the fact that they have investors who, oddly, might be interested in what they are up to clinically.

The share price was over 9 in August.

Taking into account the last dilution, this co is still trading below it's relative value in August 23, notwithstanding today's news. That seems odd.

BEM and HE1. Think I need a lie down.

Currently skiing so late to the party today. This seems to be the clearest message that the government will not let the Sami stop this mine and that BEM will have an important role in it's development. A pleasant surprise.

The error appears to be that the reporter is confusing this year with 2024. We knew the environmental permit app was delayed from this year to 2024 but the article has added another year onto that date. Ed needs to get this corrected, assuming it is wrong, asap, with or without pressure from shareholders.