Member Info for Toffers

You all take digs at me, but you'll find the crew have moved on to mosman oil! This is aim!

I've already explained m-o yesterday, I saw the dilution and took the risk of entering on that at 0.54, and averaged up a little whilst I did my research. Having watched the presentation, which I was appalled at, I decided to exit, and it seems a lot of other people were exiting at the same time, as it was difficult to sell, and then finished my research and have decided I am not re-entering, the risk is too great, TG will do as it pleases. my views.

No I don't want back in, I've seen the actual real rampers at work on here, just like on eurasia and other shares, same crew, different monikers, crypt, pubcrawl and the rest, so no, I'm not back in and won't be, plus they've said they need to raise up to £50 mill, they've just raised £8 mill and diluted shareholders to oblivion, plus there's the risk that they might not be able to get the helium out, it will be expensive to do so, very expensive to do so, and what's to stop the TG just handing the mining licences to a major and cutting the HE1 minnow out of the equation? The TG do as they want, and if someone comes forward and flashes the cash, the mining licences will go to them. As I said, HE1 are financially risking proving up, and then risking the licences being handed elsewhere, what can they do about it, nothing, as they don't have the money nor the clout to sue the TG and in any event, its up to the TG who they hand the mining licences to, so the risks are extremely high. I posted the link to the mining laws, and you will see the risk is mentioned within. my views.

Just a reminder of this that I posted last night for you. Be careful folks.

https://www.clydeco.com/en/insights/2023/02/tanzania-recent-changes-in-mining-banking-capital

I've also looked up about Zeus Capital today. Have a look at it yourself. FastFOOD aka all the monikers he has, might just have a point about them and may be all isn't as it seems? Looks like yet again, CPS fouled up with their investigation! Here's a taster, but DYOR.

"The co-founder of a Manchester-based corporate finance house has had all charges of tax fraud against him officially dropped.

Richard Hughes, who co-founded Zeus Capital, had been charged with conspiracy to defraud and intent to defraud HM Revenue & Customs by making claims for capital loss relief.

His lawyers applied to His Honour Judge Drew to have the charges dismissed. The judge ruled in his favour in May of last year.

Now, the Crown Prosecution Service (CPS) has admitted that HMRC "pursued the case in the face of a fundamentally flawed investigation, having failed to properly apply the Criminal Procedure and Investigations Act 1996".

It has also been accepted that there was "a stark failure to pursue lines of inquiry involving three former employees at HSBC that emerged in the early stages of the investigation, which dates back to 2010"."

You can read the rest for yourself by putting it in to your web browser.

AIM is an absolute cesspit.

Nite. Enjoy the footie tomorrow and pray we don't go to a penalty shoot out!

Page 3 of the pdf is a good read

Eurasia's issuesstarted well before Russia/Ukraine.

Here are the latest mining and mineral resource laws, it's a minefield. These Govts don't care, if they decide to withdraw a licence or create mayhem, they wait to be sued, knowing that minnows will be bankrupted in the process. my views.

https://www.clydeco.com/en/insights/2023/02/tanzania-recent-changes-in-mining-banking-capital

Apache, I've never shorted in my life and don't know how to. Nor am I a trader. I invest, but sometimes I invest on opportunity before I've had time to research. Now that I've had that opportunity, including checking the mining laws for the country, I'm out, the situation is no different to eurasia who has played games with its shareholders and suffered its massive fall from grace, and with the same Nomad. my views.

You see, you're incapable of arguing the point and instead try to deflect with an attack on me personally instead. The mining laws are there in black and white, those laws include all natural resources, which will include helium. Until someone can provide an argument to the contrary, as I'm human, and might have missed an update to those laws, and if there is one, that such an update has fundamentally changed this legal right of the TG, then I've put my case to you as to what the mining laws, including natural resources, clearly state.

TT1981, why can't you have a genuine discussion? why not acknowledge that the mining laws could in fact be a potential impediment to the company should the TG decide to hand the mining licences to someone else with deeper pockets? There's no guarantees for HE1, none at all. Until the stuff is extracted, then there's a guarantee, but prior to that, there's none. my views.

Oh Apache, and look at eurasia, same Nomad, and guess what, when the sh+te was beginning to hit the fan and they had little money, they raised, same thing, an investor who was never named was handed all the placing shares, that money was then hived off to subsidiary companies they then established in Cyprus, and also having BVI offshore accounts as well as Cypriot offshore accounts. This has got all the same hallmarks, it's following the exact same pattern, and as I've said, the same Nomad! Take a look at eurasia's rns's, look at a similar placing they did, then look at the set up of two Cypriot subsidiaries afterwards and shareholders not knowing where the monies that were raised went to! As I said the other day, it's all cloak and dagger stuff, aided by the Nomad imo, and it should be stopped. my views.

Peaky, I've already posted links which refer to corruption. They are published documents, and in doing my research, rely to some extent on the same. Just as I have when researching the mining laws for Tanzania. I hadn't had time to do all my research prior to entering on the dilution drop, it was a spur of the moment decision on seeing how bad the dilution was. Since then, I've done some including the mining laws for the country, and then upon seeing the presentation, it became abundantly clear to me from what both of them were saying, they have no control in matters, the TG does, and the mining laws which includes all natural resources, bears witness to this. my views.

Hope you took in this bit especially;

"Further, the law currently proclaims sovereignty over natural resources and wealth to the people of Tanzania and the government."

"Under Mining Act No. 14 of 2010, as amended,8 and Natural Wealth and Resources (Permanent Sovereignty) Act No. 5 of 2017, the entire property and control of all minerals on the surface or below the surface, including bodies of water, are public property vested in the President in trust for the citizens of Tanzania. Further, the law currently proclaims sovereignty over natural resources and wealth to the people of Tanzania and the government."

look it up for yourself Roger. I wouldn't touch this again with a barge pole.

Roger, what happens if the TG had the mining licences out to a major once HE1 have proved up? remember, TG own anything under the surface until it is actually extracted from the ground.

Only fair I should answer to your snide remarks, everyone knows what your game is, you've been around for yonks, always persuading people you are genuine when you are nothing but and busy trading the hell out of shares.

the presentation - it was amateurish at best, they mentioned up to £50 mill further placings but they didn't say they wouldn't dilute shareholders further, that is deeply worrying. And it comes to something when you feel the need to mention that you might consider hiring your own rig out, that smacks of desperation.

buy out - it won't happen, not for HE1, TG will wait for HE1 to prove up and then hand the mining licences to a major who will fill their pockets no doubt! TG aren't stupid, they are in it to make money, and they know HE1 can't afford to give them any, nor sue them, so there will be no buy out that will favour HE1. Look what happened with Ascent, Slovenian Govt shafted them as the Slovenian Govt had control and thought what the hell! same here, TG has control and they will do what suits them. my views.

It's the long term shareholders I feel sorry for, they've given their loyalty, but the company hasn't given that loyalty back right now.

Enjoy the footie on Sunday everyone :)

I posted that originally Folio, but it doesn't relate to monetary aspects of this expedition does it? There's no doubt the helium is there, but it takes deep deep pockets to try and extract the stuff, we all know that and the risks of that, but it's the fact they shield whoever they did the dirty deal with for those shares, who has now made over £8 million in profit no doubt since they were handed to them with a certain guarantee that they would profit very nicely thankyou and stuff our existing long term shareholders who have carried us this far. That's aim.

Yes V11JAS, I still have a small holding, but it is small. If they come out and state who took the shares, and why they were allowed to take the shares, with some plausible explanation other than effectively our hands were tied, then I might re-consider, but it's the cloak and dagger stuff that annoys me with these companies, and if they can't be honest with shareholders as to why effectively someone tied their hands behind their backs to get cheap shares, then the trust has gone. They weren't even that apologetic about it at the presentation, just shrugging and saying effectively it is what it is. Therefore, what's to stop it from happening again? and again? where's the reassurances to shareholders that it won't happen again, as that was what I was looking for from them in part, and that next time they will put it out the placing out to existing shareholders and the time after that etc? I agree the helium appears to be there, they say it flows to 4.7%, and that's positive, I don't deny it, but it's not positive if they are being held to ransome by some entity currently unknown, which leaves us all to hazard a guess as to who and why, and what the impact of that might be. my views.

Lenoman, I called it right on eurasia, down from 43p sp to 2p! And you're still singing it's praises! Wow!