London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Started: PompeyMagnus, 14 Jun 2024 15:51
Last post: CaptainJack1, 15 Jun 2024 23:27
This is starting in Q3 - do we have a more specific date yet? Very happy to be invested in HEX, potential is massive assuming positive drilling results. GLA. CJ.
Hey Ceaser!
First well I read is around 2 weeks to drill and then 4 weeks flow testing.
Busy summer!
Has anyone any idea how long it will take to drill this first well and also thereafter to test flow rates and grades etc.
I thought I read someone suggested a 30-day testing period
Cfh, if all goes well with hex, it's possible you won't need that bottom drawer. Congratulations on the 13% in a day. I had a small holding at 1.6p and managed to average down and make 11%. Small stuff but allowed me a top here. GL.
Can't believe weve been dicked by HE1 to such an extent.Went in ther yesterday a for cheeky punt,got out thismorning first thing with a 13% profit.Felt as smug as fuxk uǹtil I saw it hit 28% up.This is definitely the last time I invest any decent amounts in AIM.shares.When I get rid of my HEX shares,I am putting together a portfolio of illiquid AIM.shares(target 15 companies),£150 in each one and leaving it in my bottom drawer for a year or so...see what happens.Have spent 20 yrs checking for RNS's at 7 am and watching sp's defy all financial logic.Time to get a life.
Started: bigbench, 14 Jun 2024 12:30
Last post: bigbench, 14 Jun 2024 12:52
Watching trades of 50k flash through on ADVFN @26.8 which is above current ask... I'm fully expecting a strong finish here
..taking a good position :-)
Started: Swissydog, 14 Jun 2024 09:40
Last post: bigbench, 14 Jun 2024 12:25
Legalwolf... i fully expect 30's next week imho... even the 10% gang can make a profit in the next few days
Easy enough to buy £10K on iweb at 11.58am.
I didn't deal, as I've already bought what I want, but they were quoting 27.28p.
Cannot get a quote to buy for last 10 mins and L2 is sticking up 2 hour old late reported trades
A new high, love it.
Can sell 100k in one hit full ask at the moment
Started: stevehuges, 14 Jun 2024 11:35
Last post: stevehuges, 14 Jun 2024 11:35
We’re a matter of weeks away from drilling the appraisal well ! Sp should keep moving up as we near to spud !
Started: ShareInvestment, 13 Jun 2024 15:54
Last post: NewboF, 14 Jun 2024 09:35
Tbf, I take much more confidence from an established holder topping up than an anonymous seller selling (which could be multiple small ones the MM accumulated to facilitate)
Im happy to hold this one confidently - I cannot say that for some of my other AIM punts 😂
EGTP - playing devil's advocate for a moment. But someone had to sell the shares at that price to Oberon. And we doj't know who that someone was.
So even if Oberon regard HEX as "cheap as chips", someone else reckoned it was time to man the exits.
I'm a Hex holder, but I don't think you can read much into Oberon's accumulation. They may be right, they may not. Nobody knows, as nobody has the results of the drill yet.
The 1 trade....mysterious???... tick up coming
It is indeed iceman - a very risky and pointless addition unless they sincerely believed with cast iron certainty that its still cheap as chips at current Sp
DYOR
Agreed
Last post: PompeyMagnus, 13 Jun 2024 17:38
Predict away. We like a good laugh on this board.
Yes but no .22.5 will be the finish on Friday .
Was going to predict 22 p bit too many will be upset. :)
Have the 27p been reached or not ?
Another fomo Friday incoming here tomorrow?
HEX and KRPZ ready to breakout nice tweets for both could rally big time this afternoon
+15% to finish the day would be better! ;-)
Started: Fortnefvrsbrve, 11 Jun 2024 10:51
Last post: Fortnefvrsbrve, 13 Jun 2024 07:33
All this for a current Mcap of £27m... mega buy in my book
🔹Rapid payback & free cash-flow estimates of over $40 million a year release a range of finance possibilities to provide initial CAPEX requirement."
Started: Jungmana, 12 Jun 2024 20:30
Last post: CaptainJack1, 12 Jun 2024 21:47
Great read, thanks for posting, loads of potential here imo. GLA. CJ.
Excellent read;
Research note
https://spongeshare.com/research/helix-exploration-research-note/
Started: EauH2OOh, 12 Jun 2024 12:19
Last post: iceman888, 12 Jun 2024 20:19
If Helix discovery helium at Ingomar at any grade above 0.4% which is highly commercial then this moves very fast as very small free float! If we get some good flow rates to then the team will have buyers banging the door down! Look into Bo's brother and the board....seriously conected in the US!!! The free flowing gas is there already to....Q3 around the corner!! GLA
Well done Jungmana. That’s a lot of paper profit.
I have just bought my first 1K’s worth of shares in this company. Decided to buy here rather than try to reduce my HE1 price after the placing. Actually read all the RNSs first. Like the sound of the company like the sound of the BOD. Feels safer here somehow. gLA.
Jambo , your first post on lse. Good luck. Is my ambition and i belief is no harm in saying .been working hard for years to build a portfolio from 40k pounds to over 300k today.( paper )
Wow, can’t help sharing can you. Perhaps let your connections on FB or Instagram or whichever know as they might hold interest in your financial wellbeing. This a public forum and frankly I couldn’t care less about your ambition, inv process or professions to wealth or otherwise.
Am working hard to be an isa millionaire and have a long way to go. I always hold between 4 to 6 shares at any one time.
I know someone who actually owns 2.5 million shares in hex but doesn't post on any forum.
Started: PompeyMagnus, 12 Jun 2024 08:00
Last post: PompeyMagnus, 12 Jun 2024 15:56
Agree ID. Only a small holding now for me in he1 but I was in at 1.6p so a way to go. I had a wine or two on the he1 board yesterday about the raise discount but thats the way he1 rolls, unfortunately. Will leave it there and wait for next spike. In meantime my biggest holding is now hex at 250k shares. Am just going to leave them there at least until 130p and possibly longer. In addition to the Q3 news on Ingomar, I'm also looking forward to hearing more about the Midwest opportunities.
Hi pompey.
I did it yesterday - I can my understand the amount raised to run a flow test.
If it’s for more than a flow test - if you had confidence in what you’ve found - you’d raise after the test at a higher SP and not a massive discount.
He1 just feels a bad bet (if you are hoping on good flow test results)
It means they couldnt afford 3
Tick up coming 24 paid.....any conspiracy theorists out there know what 2 trades means? many think its MM code?
Bad day on he1 yesterday with value of my admittedly now small 1m holding slashed again. With all the cash theyre guzling in rukwa makes you wonder if theyll ever have a commercial development. Good to see the hex scoping summary yesterday and what a true high quality company looks like. Heading for £300m MC company and some. GLA.
Started: Troajan, 11 Jun 2024 12:03
Last post: bigbench, 12 Jun 2024 07:44
Great summary Tiburn.
Great interview, robust technicals and ROI potential should secure capital.
Project is viable at just 0.4% Helium Grade
Looking at the position of Ingomar dome and analgous wells in region - on the website:
"Ryder Scott analysed helium concentrations from analogous wells across Montana, Wyoming and Saskatchewan and probabilistically modelled grade as:
P10 = 0.88%
P50 = 1.52%
P90 = 2.20%
Its commercial at c 50% lower then the lowest grade modelled by Ryder Scott.
However, just to the north the producing field Root has 3.9% Helium grade.
Great interview, I was thinking about divis and growth through new projects and then DM must have read my mind, because he came out with: "Dividends and new projects on the horizon..." Targeting first production in 2025 and already in discussion with financiers.
Loll, hear what you say. Can't help thinking he1 has consigned itself to being a bottom feeder trader share that'll just bump around within a range until EWT results. Can't see significant investment going in there before ewt news, whereas with HEX I'm hoping to see a continued trend up to news which, given the BOD dream Team I'm expecting to be positive and to take us higher. GL.
Swissydog
struggling along bud
and yeah,the economics are way over expectations.
cant get margins,better than those printed today.
and capex compared to a miner is a fraction of their's,even a small miner,would be hard pushed for capex bellow £100 million.
Started: stevehuges, 11 Jun 2024 13:09
Last post: Legalwolf, 11 Jun 2024 16:45
Strong buying support after the sell on news brigade. Probably HE1 also had a part to play.
But having cleared these sellers, we can look to resume the rise in the coming days and weeks. The Scoping Study was certainly worth waiting for and then some. $19 million capex is ridiculously cheap. Risk to reward here is very high.
All morning lots of delayed buy trades coming through ! Disguised as sells ! They want our shares on the cheap
Started: dsymons, 11 Jun 2024 16:37
Last post: dsymons, 11 Jun 2024 16:37
Nm
Started: Fortnefvrsbrve, 11 Jun 2024 10:15
Last post: stevehuges, 11 Jun 2024 11:56
What’s not to like about this morning s report ! The penny will drop eventually and share price should react accordingly
Comment: The low CAPEX here is certainly a wow, and explains why shares of HEX are already 2.5x since IPO, and of course why the IPO had to be so heavily scaled back. Indeed, it looks as though the shares are only just getting started given today’s news.
***
Indeed, it looks as though the shares are only just getting started given today’s news.
***
Comment: The low CAPEX here is certainly a wow, and explains why shares of HEX are already 2.5x since IPO, and of course why the IPO had to be so heavily scaled back. Indeed, it looks as though the shares are only just getting started given today’s news.
Started: CaptainJack1, 11 Jun 2024 08:06
Last post: LBview, 11 Jun 2024 10:59
Also, if memory serves, didn't David Minchin explain in an interview how they are aware of how share dilution can be detrimental and are against it with HEX
If people sold to trade He1… I wonder where any profits may go after the trade :-)
Anyway £2+ a share from the scoping study…. Sounds good to me !!
Hi ID78
Absolutely agree with your points raised. A further raise (and there have been many) prior to successful flow test I guess is a hedge to ensure they have funds should that flow test not be as hoped. That seems prudent. I have traded HE1 in the past…mostly in the early stages but I have not been invested nor would I consider it given the shenanigans that repeat there. Not to say that played right there has been good money to be made there…I missed a good portion of it by sitting on the sidelines on the fairly recent multi bag opportunity.
As for HEX, what is not to like? Yes we still have to drill and hit recoverable helium but so far this ticks all of the boxes. Drill funded, validation of proposals by Aeon to self fund the extraction via relatively cheap plant IF they do indeed hit helium….and that is the point. Bo Sears knows his onions and I very much doubt he would be in with so much equity if he wasn’t damn sure about this. David Minchin learnt plenty at HE1…the list goes on.
Yes there will be plenty of traders trimming around the edges along the way. I am hardly phased by today’s price movement so far as I have a longer term goal here.
ATB
Blue
Added some more here this morning @23p - would have been been rude not to !
Hi blue sky.
He1 and Noble - neither have been in a rush to flow test their wells in the Rukwa Basin.
Now this massive raise (does the workover and flow test cost 8mill???).
Would you not perhaps look to raise after a successful flow test at a higher SP?
I’m not convinced about He1’s prospects tbh. However, people will buy at the current MCAP and hope for a return.
As Trek says- sell on news brigade. Normal service will resume here.
Started: Owl85, 11 Jun 2024 09:37
Last post: BlueSky72, 11 Jun 2024 10:35
Fair play cfhmetal…seems crazy how the game plays out sometimes…traders will trade and good luck to them 😊
A quick buck to be made there. More upside potential here I reckon. Let’s see…
Made more out of He1 this morning than I have out of Hex(after an excellent RNS).You've got to laugh😂😂😂
Whish I'd followed my gut and bought in at 0800 for a cheeky trade. Would have been 30% up by now.
Started: ART123, 11 Jun 2024 09:45
Last post: ART123, 11 Jun 2024 09:45
I am hoping that HEX will get a US cross-trading facility arranged. Minchin previously sorted one out for HE1 and that was up and running long before the spud of their first well despite there being not much connection between the US and Tanzania. Here, with the Helium prospect in the US, this should be a no-brainer.
From the HE1 notification on 29th April 2021:
"The cross-trading facility is provided through OTC Markets Group Inc., located in New York. OTC Markets operates the world's largest electronic interdealer quotation system for US broker dealers and offers multiple media channels to increase the visibility of OTC-listed companies. Independent studies show that trading on the OTC by an international company offers a positive effect on the liquidity of its shares."
Started: PompeyMagnus, 11 Jun 2024 09:16
Last post: PompeyMagnus, 11 Jun 2024 09:16
Excellent Scoping Study. Long term target if £2.42 a share. Keep's us heading into blue sky too. No resistance! 3 initial wells producing in 2025 which means earnings in short term. And no raises in between!!! Excellent company. Best investment on AIM. Looking forward to drilling updates and Midwest opportunity updates.
Started: iceman888, 11 Jun 2024 07:10
Last post: Troajan, 11 Jun 2024 07:58
Capex of only $19 million.
They will be shouting this from the roof tops and will be attracting a lot of attention
Fantastic results from the scoping study. Onwards and upwards for Hex. GLA
Started: ShareInvestment, 11 Jun 2024 07:25
Last post: bigbench, 11 Jun 2024 07:41
Excellent RNS...could well spike to 35-36 today.... 40% seems very plausible imho
Good RNS.
Share price should be up today. Maybe 30+.
We should see a big rise after 2pm when our cousins wake on the other side of the pond.
Agreed reads incredibly well. Clearly the cash flow in a success case will allow also non dilutive debt financing to be considered as mentioned: ‘Rapid payback and free cash-flow estimates of over $40 million dollars a year release a range of finance possibilities to provide initial CAPEX requirement."
Started: PompeyMagnus, 11 Jun 2024 00:43
Last post: Jungmana, 11 Jun 2024 02:34
Yes I was bullish on he1 until the management there failed to meet targets and my expectations. . Look at the horrendous discounted placing there today.
What's wrong with that? Don't fall in love with any share . If the story changes and the BOD don't perform as promised , move on.
End of story.
A bit disingenuous from a previous HE1 ramper - your posting history is there for all to see.
Now even the top bulls at he1 know that helix is the number 1 helium pick on the London market.
Good safe jurisdiction ,
Super experience management ,
BOD have lots of skin the company ,
Clear plan of operation leading to development ,
Fully funded and far cheaper cost of operating in Montana
The list goes on.
He1 has shown its true colours. Another huge raise discount of 56% for 1.6b shares making 5.3b in issue now. So relieved I got 95% of my holding out of there and into HEX at 11.8p.
Started: cperkin, 5 Jun 2024 07:20
Last post: SuperRoty, 10 Jun 2024 16:48
Still holding every share here. Experience tells me not to be tempted to dispose of at this price.
Same here…550,000 at 10.7 average bought at IPO…I believe there is still a long way to go up from here. Not sold any yet and nor do I intend to until we reach a much higher price than where we currently sit…and I intend to keep a decent amount into the drill and beyond. A lot of holders with big numbers (many with a lot more shares than me) holding tight according to their research (all been discussed here over the past couple of months). Still way undervalued IMHO.
ATB
Blue
...and lets hope Zaks 32p prediction is just a base foundation for things to come
Agreed ....next news cold re rate this nicely upwards
Another solid day here! I'm still holding from sub 12p! Come on £1
Started: ShareInvestment, 10 Jun 2024 08:31
Last post: Legalwolf, 10 Jun 2024 13:34
I think folk are buying ahead of this scoping study, expected any week now. That could blow the roof off here.
Oh, we don't have a roof, just blue sky potential....!
26 now to buy…. Zak could be spot on sooner than he thinks….interim RNS will have this mid 30’s which would be nice
Added some more this morning- had to pay 24p but happy as already in profit . Will not be selling any of mine anytime soon - this has got legs !
As the SP moves up it's becoming a lot more expensive to buy in quantity,.. keep holding and the mm's have no option but to move the the bid upward.
3 market maker have now moved the bid to 23p. Just the start in my mind, as a lot of stock in strong hands and excitement is building with strong news flow due over June and July ahead of the drill, possibly already in August DYOR
Started: PompeyMagnus, 10 Jun 2024 09:25
Last post: PompeyMagnus, 10 Jun 2024 09:25
Dream Team BOD with real star dust, small float, hates raises, best business jurisdiction in world, helium faiway, high soil samples next to Ingomar Dome well bore, US strong demand and rising due to rocket flight and chips act etc, helium in short supply currently, and 12m approximately away from earnings! Surf this beaut all the way to the MC and PE ratio this excellent company will achieve. Forgot to mention they have other opportunities too in Midwest. Makes a real change to have an excellent company like this on aim. We're going to be very wealthy investors.
Started: Legalwolf, 9 Jun 2024 15:24
Last post: bigbench, 10 Jun 2024 08:01
It Would no surprise me at all... 25-26 must fall today surely
By end of the month according to good ole Zak Mir!