Member Info for Toffers

And folio, you're still beating a drum for eurasia which has gone from 43p sp to 2p sp, so I don't think you have any valid contribution in reality!

I am disappointed as I had 14 million shares, but now I'm glad I only have a few as I just see shareholders getting diluted further in to oblivion. I feel desperately sorry for the lth's, I hope I'm wrong and they get their money back long term. Nite.

Pompey they cant raise by conventional means until they are in production. they need the 50 mill before that. then it's likely to be death spiral finance if they cant raise it for any reason. 99% of aim companies fail because they can't raise funds, I thought this might just be the 1% that doesn't, but it reminds me a lot of eurasia as they also did a placing to raise funds and wouldn't divulge who the shares had gone to. It's the same Nomad as well! my views.

It will just be traded to death now, and those two are to blame with their ill thought out presentation. blaisse especially looked nervous and spoke nervously. she knows they are hiding info from shareholders and it looks as though it

doesnt sit well with her. my views

But they are not being truthful RogerJolly because they have never divulged who got the placing shares have they, and you have to ask yourself why? as I say, I suspect it was the Tanzanian Govt, and therein lies the problem if so. There's corruption everywhere, but I know a thing or two about how these Govt's work, and they only feather their own nests and are accountable only to themselves! my views of course.

But OM, how on earth are they going to raise £50 mill sterling without diluting shareholders to oblivion? they said they can't raise by any conventional means at all until into production so therefore meaning having revenue, and they haven't got any spare capital. They are so desperate they are thinking of renting out their rig truck, and that came across as pure desperation. I just see this as eurasia mark 2. Other people have explored the fields but probably also didn't have enough loot to be able to do a full discovery and go to production, and I now fear the same here. And before people shout me down, I am genuine, but today's presentation was appalling. Both of them were wriggling around, it was amateurish, they should have kept quiet about the £50 mill, just said they would need to raise again at some point, and have done it very soon when the sp reaches 2p and the market cap is around 80-100 mill, but the fluffed it, and gave the game away. They haven't been honest with shareholders and said who got the placing shares and why. all they indicate is that their hands were tied, so that tells me it's the Tanzania Govt who got them, and that's the real problem in my view, they are in a headlock as the Tanzania Govt still own everything, it's not been extracted, and they can easily rescind any mining licences as they wish. Couple that with HE1 having a bank account in the BVI, which always sets alarm bells ringing, as it means they can stash any cash and investors can't touch it if they should wind the company up, then I think peeps have a right to be concerned. If it drops below 1p I might buy a few back, but I'm not buying many, as there are too many red flags for me now, and usually, when I start to see red flags, I'm right. my views.

I am doing CP, I still hold a few but only a few, am bitterly disappointed, had the presentation not taken place, I would no doubt still be holding, so blame the company, not me!

Wake up baits, and your welcome to them right now, the presentation was a car crash as soon as he mentioned £50 million to be raised, and they both looked nervous and shifty! my views.

Should add, entirely my views of course.

You're not getting it baits, its an African country, they do things their way, they don't care about retail investors here, they will force the company to keep issuing shares to them on each and every raise, otherwise the company won't get the consents they need, and then they make a killing each and every time, and then they'll probably revoke the licences when they've made enough money to get their own people in! HE1 own nothing until they get the stuff out of the ground, minerals etc under the surface belong to the Govt until they are extracted. I'm sitting on the sidelines for now to see what happens with the next raise and EWT results.

I admit myself I got carried away with a lot of the hype. But realistically, and having been married to an African, I lost sight of what I said a few weeks ago, which is, that we weren't told who had the placing shares and imo it will have been the Tanzanian Govt. The company is at their whim and they will call the shots throughout. The mining licence will have to be bartered for, that's probably why I suspect they got the placing shares and they will have made a tidy sum from that. The £50 million needed to get anywhere near to production, and the way I suspect the African Govt will have a stranglehold over matters here, I think the retail investor for the moment is going to get a raw deal. What happens now on the next raise, as they will no doubt be co-erced in to having to do the same thing again. these are my views and it was the presentation that for me, gave the tell tale signs of what is going on with this stranglehold by the Tanzanian Govt imo.

Hi B1ll, yes I've sold most of mine, they lost me when they said they would need to raise about another £50 million and they are constrained by those pulling the strings obviously in Tanzania as to how they can raise. They want to take on debt eventually by way of raising finance, but obviously that isn't in the near future. They've got quite a way to go yet, and no production likely until end of next year, so will take the risk and sit this out with only a very small holding now and see what pans out over the next few months especially with EWT, but that interview looked painful, didn't like the guy who is financial/commercial director, he looks smarmy, and there wasn't a smile from LB, she looked constipated! I'm upset with myself as I want to back this, but I was in at 0.54p originally, so still had some profit and will sit it out for now. my views.

It looked painful, it's done more harm than good, what a shame, wait and see how it pans out now in the coming weeks.

It might be my sell, I want to wait to see how this pans out short term sp wise as they have mentioned the need for a further £50 million!

Is very unique

Now until September to apply for mining licence, and commission of production facility

first gas due to flow end of 2025 by which times the sp will be well advanced no doubt!

I suggest you relinquish your internship as you're sh+te at this game! You need to find an alternative career!

Umm, my message says "You'll be able to enter the meeting up to 15 minutes before the scheduled start time." - we're not there yet MCNol!

Reported

FastFOOD is back for the second time today, how on earth does he manage it?

On here today it really is!