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Strong open in USA 13% up 0.28 Equ 20p
I must admit my favorite ceo in the many years I have been investing.
Hard working and tells investors what is going on and explains how and why.
Imo if weather is good last week of this month is possible for drilling to commence.
Sorry about the type errors.
Our ceo certainly gets on with it.
Probably get first rest results next week if the pace at which he works.
When in doubt, i like the Wisdom of Solomon, i.e. chop the baby in half.
I guess it will be just an RNS then? The proof is always in the pudding, whether the pudding is a UK only or a World pudding? I suppose it all depends on each one's own expectations of what revenues will be and for how long. Good luck there.
thanks for your thoughts
guess i am stuck with good old PATIENCE!
I too am in that boat except my rationale for making a decision of when to sell one stock to free up funds for another is pretty straight forward. Which one do I think will perform the best over a specific time period?
If in the next 3 months I think He1 will be 100p ie 5 times greater value than now, and the "other" stock will be up by 3 times, then its easy to see what to do.
If I feel I can't make that call then the old saying (Yorkshire, I think funnily enough), is "When in Doubt, do Nowt"
(PS: the mother of all RNS's may not be as spectacular SP-wise) as expected. A lot is already priced in . (I think maybe 50% increase in the SP over the next few weeks? I think the way to look at it is when it was pre covid and the SP was 50p, then releasing a test out of the blue would propel the SP to 400p which is a fantastic overnight jump. However this overnight jump has been 12 months in the unfolding. Just my thoughts...)
Well, that's me in. Although nervous after being burnt by a Namibian company grab and saying I wouldn't invest in any more African projects, this sp at this stage seems to be too good to miss out on.
ATB
Roseyx, we wait..I have nothing more to say there. We have to wait I guess. Good luck there.
As for our HE1, this is what I love about investing in Companies that bring progress to other parts of the world and despite the "allegations made by some numpty that we shouldn't invest in Africa, I see this and I say..Cudos to our CEO and his vision of supporting the local economy!!
https://twitter.com/Heliumone1/status/1389912790811521025?s=20
That's why many of us give money to Médecins Sans Frontières, to help those who need. This is not only about our desire to make money..we are doing a good thing to invest in poorer countries.
ATB my fellow HE1 holders.
ST
Mr ST
in the same boat as you with that other stock
what to do?
SeagullsFan,
I know... I just can't sell the other one now as we all are waiting for the mother of all RNSs..
But, as I said here before, I am happy to pay anything under 30p to 40p here for the long term project. Should we strike Helium in the 1st or 2nd well, I have no doubt we will be a multi billion Co and totally derisked. Tanzania will be the Saudi Arabia of Helium and HE1 will be taken over as a target by one of the big producers; Qatar or even China as they are mopping all natural resources they can and they are heavy in Africa and have deep deep pockets.
IMHO and DYOR.
ST
Let's hope your 'other funds' are available before then Mr ST.
This tweet was on the 12th:
"After we recently announced the completion of our extended infill 2D seismic campaign and identification of new priority drill ready targets ahead of commencement of exploration drilling programme at Rukwa Project in #Tanzania
...the Rig is moving to our camp"!
Well, the camp is around 100 Km and by my calculations, if they were travelling at 30 km an hours, it means..the drill truck is at our camp already!
And the funny thing is, the works they were supposed to have carried out to access Tai must be at full steam then? The licences are all in place! The weather seems to be good.
I see no impediment, indeed, once they prepare the base at Tai, where the drill is target, for the works to start just before June! Now knowing our Speedy Gonzales CEO it would't surprise me to get an RNS saying they are pleased to announce drill is starting earlier' that would catch a few punters with their pants down and now toilet paper!!
Hope you're right.
But, the important time (except for the short-term buyers) will be once the results start coming through. Any SP movement before that point is meaningless, as it will either be wiped out or dwarfed by the change after the drills/results are complete.
maybe drilling will start early?.... seems they have everything lined up. This will go supersonic when drilling starts...
Well, I needed to do something with my loose change ;)
did you see that ?