Member Info for TheToe

this company just refuses to die. it’s like a ****roach

just reading the rns brings back so many bad memories.

i’ve kept on my watchlist so i can toast the funeral

disgraceful aim market lets these bottom feeders survive

The more the merrier I say if it helps get our helium out of the ground and to market. Maybe he could get his contacts to buy the company for 20p a share. That will do

Only bought these after watching Malcy’s blog.

What a useless fat basxxrd he is. Only speaks shxt wen he’s not eating that idiot

Why will it go back up? Who’s going to buy when the so called profit takers are gone?

Can’t write my decision, got out of matsd at start of the year to put everything in here! This drops 50% and matd rises 50%.

When will things go right for me. Aim has taken £50k off me in the last 3 years . It’s an absolute lottery and we all know it.

I’m in Tanzania in 2 weeks, I’m thinking of visiting the site to see what’s actually going on there. Probs not much 🤨

Just watch this interview

He states the people in the trial are either too far away, on vacation or can’t be bothered to fill in a form for the trial! so it will take time to track these 25 people down

LOL I’ve never heard so much rubbish in my life.

That’s just to fill in a form. How they gonna get them to turn up for the trial 😂

Been doing this for years this outfit! That’s how they survive.

I reckon another one next month too

Can’t believe they are still going. Remember the days when it was headlines on every paper when they found all the oil

lol 😂 I thought I was gonna be rich……. The pipe dream continues

Basically, it’s a license to recover nothing. What they’re pulling out of the ground just covers costs.

This company survives on investors money we’ve all been taken for a ride and it will continue

£8k a day income. Not enough to cover wages and costs I don’t think. Is there any debt to pay????

Why is the big discount placing not going to happen ? If they need money they have no choice.

Genuine question as I think I might have a dabble here

There isn’t a helium shortage

Crusty pete

Did these little chats you had at the Agm give any insight to what the site could be worth in 3 years? That’s all people want to know

Shareholder are also investors and if you want to say gamblers. You don’t back a horse without looking at its form ( feasibility study) unless you have a tip from the stable boy.

I can’t see any positive tips here. Just costs without any predicted income. so investors are ultimately going to back other horses .

I’ve joined the party folks. I’m trying to re coup some HE1 losses. Let’s hope I’ve chose wisely

Poor year to date tho lol

Blubay

Posts: 5,634

Price: 0.955

No Opinion

AGM key pointsToday 16:59

Some key points from the AGM (correct me if I misinterpret)

Financial position - cash reserves to meet all current obligations for 12 months, including current operation

WHATS RHE PROJECTED INCOME VS OBLIGATIONS in these 12 MONTHS

Share placements - BoD can no longer issue more shares in the coming year without shareholder agreement

THATS NOT TRUE AND NEVER GOT SAID

Share price manipulation - aware of rumours but not aware of any illegal practices or formal complaints

SHARE CONFIDENCE HAS GONE THATS WHY ITS DROPPING

Mining licence - ongoing dialogue with the government, heading in the right direction, no deadline for decision

ANOTHER MATD SITUATION

Feasibility study - in confidence with the government until licenced

WHY IS IT CONFIDENTIAL? No reason given

CPR - will be needed, seeking to appoint an appropriate reserves auditor for a novel geological play

JUST SHOW US THE FEASIBILITY STUDY

Rukwa project budget - engineering estimates total $75-100m for development of 25-30 wells and plant

HOW HAS THIS BEEN CALCULATED?

Project funding options - in discussion with banks and potential offtakers, can only be progressed after licence award WHAT ARE THE OUTCOMES OF THESE DISCUSSIONS? WHY CANT WE BE TOLD

Drill rig - warm stacked and staffed, available for hire in Tanzania, in early discussions with a provider

BEEN SAT THERE FOR 6 MONTHS AND NOT EARNT US A PENNY….. OUR ONLY ASSET THAT CAN BRING IN AN INCOME!!!BAD MANAGEMENT

Colorado acquisition - was planned before the Itumbula EWT results, fully funded, focus on cash flow in year 1

WE DESPERATELY NEED INCOME

Other projects/operations - none planned currently

GOOD

Company strategy - open to further project opportunities to become a global helium supplier

NEED TO FINISH ANYTHING WE HAVE STARTED FIRST

You can’t just print more shares every time a bill comes in. What sort of outfit is this. Could you imagine a major company doing that without share holder permission!!

The free reign these back street companies have is wrong and damn right illegal I’m sure

The Mongolian government and petro china will let this company rot then take its assets. I think it’s corrupt.

Mike buck will throw the towel in next year I reckon if the .05p placing fails 🙄

Where do you get 1.8 million a month income from.? Please show the maths

Can’t sell the oil we have coz no agreement in place. So they are paying to store it…. More expense

Everything they are doing is without correct permission which they have been chasing for 3 years. Why do you think they will get it now.

Mongolian government watching then gonna take all the profits when they are desperate

Sold my last lot. Got rid of £7k worth a 2.75 a month back and the last £3k at 1.7.

6 years of stress and heartache. Probs about £20k out of pocket here. I feel like a weight has been lifted of my shoulders!!!

If I ever saw that’s lying little toad MB I would give him a good kicking for sure. GL all you’re gonna need it.