Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Hi agree aug.
Last week folks were expecting an RNS this week as early as Monday. People thought the sp would be 20p close of this week. I saw a post saying Lorna promised an RNS next week.
An RNS will come in aug I reckon and next re-rate will be towards 13p to 15p i reckon
I was about to write the same thing. Coco has been making number of threads a day and it is getting a bit out of hand.
This is not a done deal and lots of risk still at play. Please stop with the ramping, I’m getting second hand embarrassment at times as a shareholder.
Civil works to be completed by mid aug, with rig then mobalised onto the drilling pad in latter half of Aug. I think we could see SPU 1st half of Sep certainly.
She did say that expect further news drops as we run up to the SPUD date so expect prices to rise along with each news drop.
If only DM had used a heavy duty oil and gas rig rather than a minerals rig to start off with....... going cheap most often costs more in the long term.
Highly doubt there will be significant news next week. The last RNS, the management have already stated they are working on getting a new crew in place for the drill and ordering final parts.
Rig is in TZ but not at the drill site until all civil works are completed. I doubt the HE1 team will have acheived everything in a matter of 1 week, or else they could drill in Aug not Sep.
Just don't want to raise investors hopes of imminent news and then get disappointed, followed by bashing of the company by some.
Give HE1 some time, news will come throughout the month of Aug and the SP will naturally move towards the 13p-17p level before SPUD and past 20p post SPUD date.
Have a great weekend all.
Next is the 11.5p which is a 2 year high and next resistence point. I think next week, the SP rise may calm down, especially if there's no news. We can't get going up in a straight line.
A re-rate will happen at one point before the next big push.
Not one of theses shares reached anywhere near these predictions. All of them reduced in value since and tanked. Goes to show how people predicting £5 at this stage is pie in the sky.
Let’s aim to get towards the 2 year high first.
£5 a share would give a market cap of £4bn.
Lets just discover the helium first. Long way to go. The all time high was £180m valuation at 28p-29p so I would be very happy if it reached close to £200m valuation before discovery.
Guys trying to trade HE1 is risky. The news flow is constant when a drill date is in place. The SP will get much higher than current 10p.
Last time the SP got to 29p with circa 615m shares in circulation. This time there are 800m shares in circlaution so 30% more.
The SP should get towards 22p - 23p which would equal the same valuation as the 1st drill.
With more investors piling in, the valuation of the company could go higher.
I won't sell before SPUD, no way, but having seen my investment drop signficantly off the back of the last drill, I will probs sell 90% of my investment just before TD is reached.
Everyone invests at different stages, some at concept stage, some at rig being secured, some on SPUD, some on discovery and some on production etc.
No right or wrong, each stage will attract different types of investors. Every business starts off small, 1 man band, evenutally being backed by VC, who then sell onto PE, who then sell onto larger PE, eventually listing on a stock exchange etc.
Thank you dia. I’ve remained invested since last drill, never lost hope, sat on a large paper loss.
Great to be back and great to see soo many familiar names still invested here.
Anyone care to answer what this rumour is about? Is there potential to drill twice before the rainy season?
Absolute bull****