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I thought Calamari being here might get me that dip I am waiting for...
Just need the crew..
Poor
We only need jr to really make our day complete
Daaaam, Calamari, you’ve found this share as well. Complete nightmare.
This is now on the market radar. I have been in since Northcote days, so need over a pound to break even. But I think we are now in with a chance of that.
GL to All.
And it does finish 14p plus :-)
Someone earlier said it will likely settle at around 8% - yes it has but with a 2 in from - 28 % up
Welcome on board. 13.5p will be history :-)
Im in @13.5p
14p plus finish would be great.
Slowly coming back down currently at 13.52p to buy. As soon as it bottoms out, i'm going to jump in on another buy.
Just patiently waiting.
One little hint for the holders here.. Go to the London Stock Exchange and look for the trades in HE1. Note the block trades that coming in. A big order being filled in the background in my opinion.
If this is dropped by the MMs to shake the tree I will double my holding.
IMHO and DYOR
ST
TrekMadone,
Dilution isn't the only way to fund the project's development. IF the reserves are found then there are other avenues; not that dilution is a major issue, just saying it.
REgards
ST
Lord Trek has spoken! All hail Lord Trek!
I have posted this before. For predictions best to look for SP comparisons as the market can repeat behaviours and take it from there.
For this phase with punters taking a position ahead of a transformational drill look at the chart of BPC from sept 2010 to Feb 2011 3p to 25p!
They were targeting billions of barrels of oil but never drilled then due to finance, licence approvals, EA etc and fell back down again.
We have finance and are just waiting seismological analytics and environmentals. We have a drill lined up and funded BPC didn’t.
This is going to 24p pre drill minimum based on history repeating the same SP multiples.
Then look at TXP, in a little over a year from 11p to 175p high. SP dipped as Chinook didn’t deliver but has today picked up on cascadura EWT.
Now even if you say TXP get 3TCF of gas from their three wells, they won’t but it’s an illustration.
HE1 are targeting 13TCF equivalent! We have to raise, or farm down £50m, more than twice the capex of TXP who are funded from placing and other ops but the comparison is there.
If there is a seal on Rukwa and commercial He, it’s pretty certain the other wells, with salt seals will be hugely derisked..
If Rukwa isn’t commercial then we still have other wells. We know the He is there in quantity, we know we have the technology to drill it’s a case of pinning down the seismics and the trap.
If Rukwa comes in I have posted before £3-£4 fully diluted.
Lots of ifs but with a potential +50 bagger you can see why punters want a dabble in their ISA’s!
Usual caveats
Trek
goldgirl, I have a 7p average and this isn't a trading share for me. I build a position early and then sit on it and do nothing so I have plenty of headroom in the event of bad news.
Just hit 14p Buy
20p before the end of the week. This is just starting out. Big prospects ahead.
As I was saying guys ; 0 ))... 14p incoming could get to 15p
Nate - by sticking to your charts you are losing out. You could have got in sub-13p on the small dip. Now your looking at sub-14p. If you stick to your guns you may miss out.
We have potential ground-breaking news coming. This is going to move up imho. Good luck whatever you decide.
Yep, those were my sentiments too, hence why I think we're looking spikey, obvs could be wrong but would be surprised to see this kind of movement continue without some kind consolidation first and the sp is running away on the chart
So far my predictions for SP movement have been spot on. I think that is about to change.
I thought we would reach 14-15p on announcement that drilling had commenced. Looks almost as light as Helium now, that estimate.
If only we could have these days everyday. Still four weeks away from drilling so looking spikey atm, expect consolidation to be around the 10-11p mark before the next big rally into drilling. Can't come quick enough now.
14p incoming now over20% up
I believe in fantasy
Clangers - Our sp rocket to Mars may need refueling and consolidation (8.8p - 10.6p?) on the moon. Eat your fill if you must then come back right in with proper diamond <> bloody hands all the way to Mars for a 10++++ bagger!
17-20 p pre drill
80-140p post drill (4 wells, with 1 mixed result)
upside post drill: >170 to beat P50 value on the fourth well.
*Don't believe these numbers, its purely my fantasy!
Friday showed trades on 5 different exchanges too, small volumes but definitely more awareness..