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Ann: Trading Halt, page-23

  1. SpiderMonkeyZ
    4,034 Posts.
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    01/06/23
    18:17
    Post #: 68085706
    Another factor coukd be Tanzania govt approval for the farmout. Example below of some type of farmout that took 2 years to get approved.

    HE1 and Sofori are waiting on NHE to get the drilling underway. So maybe a capital raise is quicker than getting Tanzanian govt approval if needed for the farmout who knows.

    https://hotcopper.com.au/data/attachments/5319/5319386-16e4993bd76a6bde3917fa76e471f39b.jpg

    NHE Price at posting: 24.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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