The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Watching F1 one could be forgiven for thinking that Zephyr or Chariot for that matter could do better than Mercedes . Whilst Mercedes will continue to struggle the other two will race to a result for all of us! Its wrong to cross threads ( sorry ) but CHAR has a really busy six weeks or so of announcements as do Zephyr. Good luck to all LTH's in both. Meanwhile for those who dwell on the signs of the Zodiac or Candlesticks, the Ford of the same name ( Zodiac )was a hopeless car! Oil/ Petrol still have the edge and a long future and if you're feeling ill from reading this post get an MRI scan and remember that Helium is still driving your results!
Well that's cleared a load of the profit overnight well wishers! Now for the serious business of prolonged tests .The current figures are estimates at 4.7% and not representative of everything rising from this active well at lower concentrations. We can logically expect increases from here. The well is one productive element of a whole live system that further drills will only incrementally add to. If anyone decides to ignore this as anything but a unique opportunity they deserve to loose money. Hold for further information and profits, we have a commercial discovery that I am sure LB will be only to ready to highlight in future presentations. GL to all LTH's. I added today at levels we will not see again of that I'm sure!
Away from the discussions of who got in, and at what price, that are all futile. It would seem that most posters are of the opinion that this will rise from where it is in the short, medium and long term. However a number seem to be stuck on a potential market cap of £1 billion as potentially achievable. Have any of those informed posters looked at the market caps of the major producers?. £1 billion doesn't even register as a major producer! as some of these companies have MC's in high multiples of $ Billions . My point though speculative: The purity and value of the discovery which has been independently verified could and should propel HE1 into the latter category let alone £1 billion. Time as ever critical will tell. Good Luck all LTH's hold onto your shares and take no notice of those who deliberately talk this down in an effort to trade cheaply, day to day!
Have a quick look or better still read all at the data https://nap.nationalacademies.org/read/12844/chapter/5
It is very interesting reading as an extract below confirms:
"Currently, the only commercially feasible source of helium is its extraction from natural gas, and then only when the following conditions are satisfied:"
"The natural gas fields in question are of sufficient volume that the amount of helium projected to be extracted justifies the expense of installing helium extraction facilities;"
"The concentrations of helium in the fields are from 0.04 to 0.65 percent;"
HE 1 Helium Discovery is not contaminated with hydrocarbons and is 4.7% by volume . If anyone needs further confirmation of the value of this discovery Read the article. Wonderful reading for all LTH's
The shares are being traded as one would expect, Profit taking after a sudden rise. Get these cleared and we will see a re rate to 3p plus. RNS or not I wouldn't want to be out on Monday the momentum has definitely swung away from the bears. Blue by the end of the day, who knows? BUT blue next week must surely be a certainty. GL all LTH's The gas is there and will attract a lot more attention as the project develops.
Don't forget that irrespective of The Vote which I believe will be positively received. But If not and Pinnacle still want to proceed they will not be able to offer less than 1.75p the price tendered an announced thus far . LSE rules are quite clear on this point.
There's a big story unravelling here.!!!
WOO You are absolutely right of course . The opportunity to return a profit with this share has been well defined by RNS's detailing their USP's . It is a genuine recovery play.
The functionality of AIM is frequently impaired by rants designed to drop the price of a share. Here we have the bare facts laid before us Tech guys might well be running the company but you can rest assured that an investor of this magnitude will be looking very closely at the potential for sales. Good IP in a "hot sector" is always key to success. It is a gamble but a 5 minute charge is the holy grail Granted its not an F1 pit stop but its the motorists equivalent of one. Gamble is still open to debate The rules for RNS announcements AIM clearly state that forward looking statements cannot be made and NOMADS ( nominated advisers ) are responsible for insuring that this is the case. If the position were irretrievable today we would have heard so. As always DYOR but personally I have added and believe they will succeed.
Latino Its worth remembering that If the offer to invest proceeds The investor will be bound to pay their offer price as already detailed which for memory is 1.75p These are still the AIM rules I believe Perhaps someone can check. Of course if they do 8-10p is on the cards as previously and so worth a punt I have added today. ANT
I don't think this is a real problem But what is abundantly clear here is that they should stick to what they know and stay well away from buying second hand machinery from second hand dealers. I wonder if they got a three month warranty agreement with the purchase. On a more serious note The fact that there is clearly something to write home about as regards HE leads me to believe this is a good hold and or buying opportunity. GLA