focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
So what's everyones opinions on when the next fundraise will happen? or how much?
Thanks to Skittish for the updates on possible movement around Tai 3 and itambula W, are we soon going to have a few bills to pay?
Sure it's all kicking off in Q3, but thats only about 6 weeks away. As Lorna said there's a log going on behind the scenes (mining licence conversion, plans for Tai 3 deepening, EWT and who knows what else).
We bound to have to pay upfront for some of this? arnt we?
I'm a long term holder and truly believe that this is a serious multi- bagger. hopefully noone takes this as ramping / de-rampimg. it would just be nice to have some serious discussion on this board and hear opinions of some of the experienced investors on the board.
good luck to all ππΌ
So when Lorna looked really excited, this means she knows the company is going to be worth way more than 10p per share in time. that's flipping great.
thanks triplestar, to be honest I didn't really know exactly what options were. this makes this an even better long term investment for me ππΌ
They have about 2 million options at about 6p. that's enough incentive for me π
plus, I'm sure they are not allowed to buy and I'm sure everyone knows that. I'm no expert but wouldnt that be considered insider trading?
I'm really looking forward to an RNS dropping and it going NT, then 5p SP π
it's going to catch them all with their pants down. all for the sake of a few percent.
when this is 30p later this year, Β£1 on production later on it won't matter one bit if you buy at 1p or 1.3p.
This might be it: https://www.earth.ox.ac.uk/2016/06/huge-helium-discovery-a-life-saving-find/
I think this a great post. thanks news.
your right, us pi's do not understand the data (some do and are probably keeping quiet).
for example the flow rate which has been calculated as being worth Β£5k per day is wrong. I'm not a maths expert either so will not attempt to calculate it.
I did see one of the guys on another board who is a science lecturer work it out for us, I think the estimate was in the region of Β£250,000 per day from itambula W.
I totally agree though, the mass market has not interrupted the data correctly.
I'm not worried, I'm loading up on cheap shares π
Dobby, your right it could really throw a spanner in the works. All for as Joe stats 9 - 10k per day! is that all!! we must be paying our drill team a fortune if we are burning through cash like this.
another raise at this share price is going to be terrible. de-jar-vous.
thank you for your viewpoint chaps.
Maybe we won't need a placing if we rent out the rig? it is "hit stacked" after all. I don't know why LB is talking of having the rig ready to go if we are not planning on using it for a while π
fill up, this could indeed be the bottom.
GLA.
I'm in a similar position bitel. my exit price is over 50p.
I've been in for a year, lost pretty much everything in December. instead of walking away I averaged right down from 8.4p to 2p.
ivd seen a good bit of action here and been kicked in the nuts along with the LTH. but I can see the humongous potential here.
hold as long as you can. the SP could be valued in Β£1's next year.
Not certain on exact price, I'm gauging how I feel the project is going regardless of SP.
I'm giving it at least a year and will reassess. I would like to see at least 50p a share with income being generated by the company.
to sell out / takeover I feel Β£1 minimum. this means a buyer is paying about 6bn for a potential 168bn worth of gas in the resource.
Yana your gaslighting won't work here. we are all holding. I've done my research and this is going to change my life. shame on you for trying to get others to sell. you say your invested by Β£1000, short by any chance?
That's exactly what I was thinking. this is way bigger than most of us can comprehend. everyone is so focused on the share price 5p, 10p, 30p......
surely if this is worth 770 odd billion we can be in for a pretty big market cap in the billions?
I personally would feel a bit cheated if we only saw Β£1 per share.
good luck all π
The well was cased after the rig broke down. 8" hole drilled after casing it's now 6" so need a new drill string. it was cased to protect it and avoid drilling again.
now we have a fully reconditioned rig, hopefully we can push through to the target depth and see what's there π