RE: Big orders!9 Apr 2024 00:16
Adamk87 Premium Member
Posted in: HE1
Posts: 3,893
Price: 0.215
No Opinion
RE: HOW IT IS SUPPOSED TO WORK15 Jan 2024 18:50
Having read through rns releases and the board over the weekend i think the best term to describe this share is ‘one mans trash is another mans treasure’.
I would hate to be a LTH here, shafted by bod with a discounted placing on top of an already decimated share price. It’s rough and sorry to all of you.
As a new investor/gambler (the case with all early exploration companies) it’s actually very appealing, confirmed helium in the ground, over subscribed placing, drilling taking place (no waiting around - this can take months sometimes), equipment value worth equivalent to a substantial % of current mcap, potential for plenty of upside with successful drilling results.
Imo it feels like the discounted placing was manufactured for friends at a mates rate to pick up plenty of cheap shares at the expense of lth and for them friends to make a serious profit.
I’m gambling a few quid on a decent find and a rerate. GL all
adamk87 Premium Member
Posted in: HE1
Posts: 3,893
Price: 0.215
No Opinion
RE: Q1 going to be massive15 Jan 2024 12:49
You’ve convinced me haha!!
In for a few of these, cheaper price than someone putting up over 6m. I can’t imagine anyone putting up that type of money unless they’re in the know.
Holding for results! GLA
⬆️
My only other investment the last 12 months. Bought 5 million shares @ 0.21 - (better track record than some on here? Thankfully, YES…..sorry jamess)
It stood out because someone was willing to invest 6 million pounds through a placing (mates rates) resulting in an overshot SP - other reasons for investing outlined in original post above.
Helium was found, resulting in a share price of 3.5p less than a month later, i sold half my shares on the way up (between 2-2.5p) and free riding on the other half, still sat at a tidy 6x original value but not enough to retire me!
The point being, I used a common sense approach to investment there as I’m doing here - everything here points to approval, for every legitimate probing question, we have an equally good answer.
- 100 billion $ asset
- Power China have not only stuck with us but recently signed a 1 billion $ agreement
- Macroeconomic factors
- Over 30% of shares held by CEO or affiliates
- Energy minister explicitly talking Phulbari and Open Pit Mining
- CEO hasn’t taken a wage in over 3 years and practically self funded this the last 5
- Recent work carried out by third parties including DG lobbying GOVT success fee depends on approval (on top of recent shares issued to them)
If it happens, we retire.
If it doesn’t, we move on. It’s only money!