RE: Interview21 Jan 2022 09:16
It's hardly likely that everyone independently just woke up on 12 January, without any company news, and thought let's pump HE1 28% today. Anyone can see those were block buys, and that block buying has continued. We'll have to wait to see who these 'new investors' are I guess...
"Q3: Now, last week saw some big moves in the share price, what do you think caused that?
A3: I think it’s an eventual realisation about this being significantly an undervalued asset.
We’ve talked since September about this being a de-risk basin but the share price didn’t reflect any of the work which was completed in 2021. We’ve identified helium anomalies from surface all the way down to basement, we’ve got high quality reservoir and seal units, which are all components of a working system.
The other thing which we have is we’ve matured as a company and we’ve built a team over the last 12 months of international gas exploration experts who are able to deliver a campaign. Last year, we were very good at delivering things on a timeline so we’ve already proven that we, as a company, are able to deliver exploration campaigns, but with the team behind us, we’re maximising our chances of making a discovery, which as we move into drilling makes a 9p investment a rather compelling case. To come in at an asset which is on the ground floor and to take advantage of a lot of work that’s been done and to ride the price all the way through into a discovery.
So, I think people are starting the year with that outlook and I’m very happy to welcome a number of new investors and returning investors into our shareholding group."