Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
When this goes boom, what are everyone’s plans with our long awaited gains? Blow it all? Re-invest? I invested a bit more recently to leverage up the holiday potential for the next couple of years. 🏄🏼😎🥂✈️🛳️🏖️
They are setting themselves up for a long term partnership with the Tanzanian government. They are showing themselves to be very professional, setting the site up properly, promoting their morning meetings. They might just show noble up
Good positive sentiment on here today. Also topped upped yesterday and today to a nice round figure and that’s me done. Sit back and enjoy the excitement. Full of hope, but as they say hope is not a strategy. But who cares at this point. Good
Luck all. Skittish -you’ll see that circle of drilling crew on the next Sentinel fly past. Next week you’ll get close ups of their smiling faces as they float past the satellite!
I guess the long lead items are the drill bits themselves. Yes we bought our rig, but you can’t do anything without the sharp pointy thing at the end! Not that I know much (or anything!) about drilling however these must be the most important items and you wouldn’t want to start without decent spares. Can’t imagine you can get next day delivery from Screwfix. Hopefully for today or over weekend . GLA
Wow, this could double our sales!!! Oh wait….
Everyone has missed an important point regarding the size of the drill pad. Lorna has already worked out how they are going to transport all our lovely helium and avoid the roads and shipping issues -
https://www.bbc.com/future/article/20191107-how-airships-could-return-to-our-crowded-skies.
Needs somewhere to land it!
He1 mentioned in Money Week article on helium last week
“ The most convenient option for British investors is Aimlisted London-listed Helium One Global (Aim: HE1). It is exploring, developing, and ultimately hoping to become a producer of high-grade helium in Tanzania. It has a large land package with very high grades of up to 10% helium. The group’s current market capitalisation is £63m and the share price 9.5p.
Investors should note, however, that this company has made many mistakes, from using undersized rigs to highly dilutive capital raises. In my view, the market value of this firm cannot be justified given the management’s record.”
Yep, good day to top up if you have faith in HE1. Forced me to sell all my other stocks which were sitting at a small loss to buy more HE1 within in my Isa. Small amounts but added when I want going to when it was over 9. It’s going to balloon soon!
Perhaps Noble just walked away from Sofori not even fulfilling their own obligations under the LOI, whereas HE1 took legal advice and are following the agreements within the LOI before walking away. Who knows, Noble might find themselves on the receiving end of a legal challenge. They are very bullish about everything. Sometimes that doesn’t end well. No do they have all their finance lined up or is there still some outstanding issues with that. Actually, couldn’t really care but I do feel we will be better off without them long term.
Maybe Noble were the problem from the start. Sharing a rig might appear a good idea but in practical terms could be a bit of a nightmare with so many interdependencies. Maybe Noble were unable to conclude arrangements with Sofori and were the sticking point. Maybe, maybe….