Member Info for Toffers

With the market cap so low, anyone think we could be a target for a T/O? the company isn't helping itself in avoiding this currently imo.

Is busy I imagine, especially as this was reported in late April this year, "Middle East investment in Africa's helium industry gathers momentum." It's now 10th anniversary month. I'm expecting fireworks shortly, and well before November 5th! GLA

Once the company is revenue producing, the current malaise in sp should ping the dial the other way, and very favourably hopefully. They need funds now to get themselves in to a revenue producing position. Once in that position, straight forward financing should be much easier, or a JV who will take on the brunt of future funding. The revenue from Colorado, whenever that is now due, Q4/25 or Q1/26 should prove to be an initial turning point hopefully. Nite.

Those debt for equity swaps will be be a key strategic move for us due to the existing debt (including principal and accrued interest) being converted into shares. New shares are issued and the loan is no longer owed.

Advantages include;

A swap of debt for equity can improve a company’s balance sheet by reducing its debts and increasing its shareholder funds.

Interest will no longer be payable, or accrue, on the debt. Also, there is unlikely to be ongoing costs of equity for the company.

The rights of enforcement, and other lender protections often found in finance agreements, are removed. This is helpful as a lender will no longer be able to enforce these rights and potentially push the company into a liquidation process.

By converting existing debt to equity, the company is then free to take on new borrowing, on much more beneficial terms, which will then increase the cash flow.

Nite.

I'll make that our motto! :)

Thanks Norrie, I'm hoping it won't come to that as I tend to find private scans are far more in depth than NHS ones, and so fingers crossed, I hope the private echos are right! I am quite breathless with walking, and I didn't have that issue prior to the pfizer jab, so that's my real concern, and no doubt, I will never get to the bottom of it as no one is going to admit about Pfizer!

Sleep well everyone, tomorrow is a another day, and I don't think that signing ceremony is far away now, and then hopefully, it will be all systems go :) In the words of Mr Spock, LIVE LONG AND PROSPER :)

Hi northfolk, thank you for your kind words, I wish you every success in your own recovery. My brother is in West Yorkshire, had a heart attack followed by a stroke a few years later, he was so fortunate in that he was sent to UCL here in London to their specialist stroke rehabilitation unit for help and support. He couldn't move his left side at all to start with, but he's virtually fully recovered. https://www.ucl.ac.uk/stroke/ see if you can find out may be ?

Mine's a bit different, my GP missed a diagnosis of afib back in 2018 so nothing happened, it came to light last year when out of the blue I was told I was dying! Then I got a reprieve it seemed and then yesterday my new GP sent me my electronic notes, and now there's another diagnosis I wasn't aware of for an aortic valve matter. That, with the untreated afib, doesn't make a good combo, but even more confused today as I've had two echos privately last year and earlier this year, and neither showed an aortic valve issue, so I really don't know what to think and who to trust any more, and that's why I was saying, get your notes and records people and check them, and keep checking them, do not leave it to chance. GLA.

In sp, as fear I might not see this one out, and need this to be way up so I can move home closer to my roots, up north. Got some more bad news yesterday health wise, so I won't be on here so much whilst I digest the appalling negligence that seems to have occurred. Take care everyone, life is precious, for gods sake, live it, and if you have your health, and can afford to do it, get out of this broken, negligent riddled country. I wish I could right now. And learn from my humble lesson, get your medical notes and records and keep checking them periodically, doctors are no longer to be trusted. GL to the LTHs :)

I can't bear to look in much at the moment. So disappointed, but I'm holding regardless, and praying that when news starts to filter through, the lth's will eventually win out. Company needs to get its PR act together, they clearly have learned nothing at all on that front. Use X, use insta and keep info flowing. It's never been easier! so no excuses.

Was cleaned up by the present government, it has no relevance nor bearing. The despots are coming out again, with new excuses!

And why?

That's why we won't hang along for long, we'll sell out to a major who will have clout and our operations will expand in Colorado imo.

Is she still alive?

Apparently reporting that asylum seekers are fleeing Tanzania due to persecution!

Patrick Christys of GBNews hits back at the BBC for reporting migrant anxiety:

“There is no war in Tanzania. It is considered ‘travel friendly’ & one of the safest countries in Africa.”

0.48-0.53

Started at 0.55

Speaking on Wednesday in Sotta Village, Minister for Minerals Mr Anthony Mavunde officiated the signing ceremony of an addendum agreement between the government and Nyanzaga Mining Company Ltd, a joint venture between the government and Perseus Mining Limited, through a newly formed entity, Sotta Mining Corporation Ltd, saying it is a milestone.

As part of the agreement, the government has increased its shareholding in the joint venture from 16 per cent to 20 per cent, further cementing its commitment to ensuring Tanzanians benefit from large-scale mining operations.

Surely to do so would bolster the ratings for the present govt in the forthcoming elections

Posted yesterday;

DAR ES SALAAM: THE Ministry of Minerals has postponed the 7th Tanzania Mining and Investment Conference, which was originally scheduled to take place in November this year.

In an official statement released yesterday, the ministry’s Permanent Secretary Enginner Yahya Samamba confirmed that the event has been rescheduled to November 19–21 2026 to avoid coinciding with the country’s General Election, slated for October this year.

“The Ministry of Minerals sincerely regrets any inconvenience this postponement may cause,” said Eng Samamba.

“However, the decision was made to preserve effective stakeholder engagement and ensure the overall success of the conference.”

Despite the change in dates, the venue remains the Julius Nyerere International Convention Centre (JNICC) in Dar es Salaam, reaffirming its role as the country’s leading platform for major economic and investment forums.

Let's hope we do get our signing ceremony news before the elections. September is the company's 10th anniversary, bring it on, there could be a lot of news forthcoming then.

Just as a pointer, Greatland for example was around 7p when they had gone in to production and consolidated. Could that happen to us? Also, you can't tell me that all the despots that have been here the past few weeks, are not expecting to ride this up shortly and bag some profits! Let's get mooooooving :)

The postponement reflects strategic foresight by the ministry, underscoring its commitment to fostering a conducive environment for both local and international stakeholders to explore investment opportunities in Tanzania’s rapidly growing mineral sector.

So no doubt the current govt will want the signing ceremony to happen well in advance of this and I'm still betting on our 10th anniversary

DAR ES SALAAM: AS Tanzania approaches its much-anticipated General Election in October 2025, citizens from every corner of the country and all walks of life have been reminded that the preservation of peace must remain their highest priority.