There you go confimation from the horses mouth, And the $20 million annually is from Rudyard alone. Ingomar Dome has potential to do more than twice that from helium alone and not forgetting the 55% hydrogen discovery there . |
Zak Mir interview with Bo.First thing he says is no fund raise - non dilutive funding and 4 - 5 wells.5 wells is $20m revenue a year.... |
Idiot filtered
Adding nothing of value |
Pretty obvious to anyone who's head is not in the clouds that Rise is modest and stalling bcz of the PLACING in the works |
USA market will drive above 25p today as Demand increases and Broker share price Uplift.
Get on the Train as we get Higher Highs.. |
Brilliant summary from a long-term holder on LSE:I'm a little surprised the rise is so modest, but I'm not worried as I'm not a trader and follow the 'time in the market' principal as opposed to 'timing the market'.My feelings are:- This is now a proven commercial find, so the chances of losing my money based on my current average of 18.6 has pretty much gone.- I suspect people traded this first thing, bagging a nice 20% gain from recent lows, they'll now be out of this for now- Based on recent form, we shoul have a lot of interviews/media soon to give more colour around the RNS, which should give more confidence- We have a lot more news to come from Darwin and Clink#1, which should be significant too- Broker forecasts will be updated and released imminently, with potentially more confident and higher share price forecasts- There's very low liquidity/volume due to the small shares in issue, so institutions won't go near this- With this in mind, the main catalyst is likely to be the cash it throws off and yield for PIs and small/medium investors, HNW, family offices, etc. As we approach first revenue (late 2025) the yield will be too good to ignore.- If the share price doesn't re-rate as we make further progress then acquisitions are likely- They'll probably look for further confirmed results (within a month) before looking at debt finance to fund production, to put them in the very best position for finance terms.- As this progresses through 2025 operational risk decreases, so the share price should climb towards a pretty clear first revenue date.So a number of catalysts here in the very short term (possible further test results before Christmas), and early in the new year with further results, debt finance news and a clearer roadmap to first revenue. And don't forget we could have a HUGE helium and hydrogen discovery at Clink#1.For long term holders, a very solid buy and hold IMO with very little downside risk at today's prices.As always DYOR. |
Today's Great interview with CEO Bo;
Happy Days with more Success Ahead |
Today's interview with Bo; |
Upwego, you won't see a placing here in 2024, any placing if done will be minimal and in Q1/Q2 2025. good that the directors own 12% of the company |
There is this person who all he/she does is when a stock goes up especially on good news, appears shouting PLACING. So boring! |
This is going to be huge, sit back and enjoy the ride from now to A...Today 07:19 “This is the ultimate goal! We’re excited to step into 2025, where we aim to deliver updates on our journey to becoming cash-generative by year-end.” |
Stalling share price after great news is always a great sign for placing in the works |
CEO delivers Fantastic news as the Deliver Commercial Helium on a Successful Discovery.
More wells and Discoveries Ahead.
Great location with access to Railway, Energy and more Helium.
Future gets Brighter Every Day. Get on the Train!! |
Lol yeah sure. |
Jungmana - I guarantee a placing is on the cards, they need money to develop right? Will see who`s right or wrong I`m just saying drilling is not cheap and it takes plenty of money, So placing is on the cards. I`ve already sold and took profits will get back in when confirmation of developing the asset comes to fruition.
nothing wrong with taking a profit right? |
Loan finance destroys companies and never ends well in the long run PLACING IS COMING |
So every debt funding is debt spiral? You clown.Bo has done this before. Bank debt will be the funding |
Reserve Bank Loan better option |
My last reply to you, been here since April and the plan is to develop through debt. If a placing happens will be very minimal in late Q1 2025. Should I listen to Bo or to you ? |
Why go for debt spiral finance and we all know the conditions strains and covenants lenders would attach Right now there is demand for shares just do a PLACING and get on with it |
Great news as expected.
Plenty of Cash in the Bank with Easy Revenues soon
Broker Target 40p future brighter. Some say 65p ore even more WoW!! |
I will bet Placing is needed, you can`t develop an asset like this with out a placing. Basically what your saying is they will never raise funds? lol smell the coffee bro? |
New interview added to links above |
Planned development of Ingomar Dome and Rudyard will be later in Q1 2025 and will most likely be by debt. Bo has said this in many interviews, has been there and not new to this. |
Company has over $3 million in cash left after all the expenses in clink1 and Darwin wells.No placing planned as fully funded .Ignore the clowns there please |