Member Info for BlueSky72

Lord, it just goes to show how the market has changed significantly since the early HE1 days when their cap reached over 5 times our current level without commercial discovery either. Those were the days!

Seems the market will only take notice when / if a commercial discovery is made here. Coupled with what appears to be II selling into relatively low vol buying, the share price is range bound at these levels.

Nothing really to dislike about this company and its prospects given the info which is available to us. and there is plenty of up to date info that they continue to share with us (again unlike most AIM companies).

I agree Don that Bo is very confident that this is his best shot and this venture is years in the making. I am happy to back that right or wrong we will soon see.

ATB

Blue

Yep if anyone knows his stuff it’s Bo…and Adam Standiford knows it too hence he was happy to take shares in HEX as part payment for his asset at Rudyard…as he knows Bo is the man to monetise this for him. HEX have a whole team of big hitters involved. So much relevant industry experience between them. This is an absolute gem…a rare find on AIM.

GLA

Blue

Bottom of the channel…swing traders return as the channel is established…hopefully they will be encouraged by news at 28p to hold more this time hey 😉

Not sold a bean here yet…expecting 40p+ or even higher with gas shows hopefully here in a few short weeks…plan still to hold plenty into the drill…story here is intact confirmed in interview with DM this week. At this mcap and 7 shots to go in quick succession (one location pretty much nailed on already)…this is so undervalued imho. ATB

Despite all of the positive news flow / updates and the superb prospects here, we just do not seem to be attracting enough investors in volume and £cash value terms on a daily basis to clear the overhang from those who bought in big at IPO / post IPO around the low 10p's who now want to derisk. The longer this churn takes, the less likely this share will break 30p prior to drill results...which should be only a few short weeks away. Hopefully the 20p floor still stands as we approach it (again). If / when it does then the swing traders will return. Not sure it is just institutional sellers here BB and the continuing absence of TR1's point to that.

I am pretty disappointed with the price action here (like many I am sure). What more can the HEX team do or say to attract more buyers in volume to change the guard quicker...other than announce gas shows etc? Still a few weeks to go before that so let's see...

Hi cperkin,

News 25.6.24 (click news tab);

"We expect the next six months to be an incredibly busy period of growth and we look forward to drill testing the Ingomar Dome Project and Rudyard Project with a drilling campaign in Q3 2024. We will provide the market and our shareholders with updates on results of drilling, flow tests and updated economic model as exploration and appraisal progress on the two project areas. We continue to work towards our goal of first gas flow before the close of 2025."

Note they will update on results of drilling…unusual if they don’t announce spud but the news piece doesn’t say that they will…

GLA

Nlue

My latest buy at 21.60p for 43,728 shares at 09:50 isn't showing yet. Was hoping for closer to 20p last few sessions but the clock is ticking on this one I reckon so I could not resist...all aboard!!!

ATB

Blue

Promised myself that I wouldn’t buy any more and average up in the process…but this is just too tempting! Just nibbling bits but if this dips below 20p again (probably / hopefully will before buyers flood back in) then I have funds ready to pick more up.

What a gift imho.

ATB

Blue

Mulligans = multi bag…bloody spell check lol

Consider risk :reward. The risk is that commercial helium isn’t found. However, the reward should it come good is attractive enough in potential mulligans terms to justify the risk. That is subjective of course according to the individual but that is why we invest in AIM.

Stick to blue chip if the risk profile doesn’t meet your requirements.

The risk is now further reduced by yesterday’s announcement. 2 funded drills by a company with a strong BOD aligned with PI’s in a proven helium region within a great jurisdiction , a market ready to take the gas etc makes it a decent risk : reward play for me.

ATB

Blue

Bound to happen tbh. PI's get bored having to wait more than 2 weeks for news lol. High hopes for this but many will try to time a trade here prior to rig mobilisation. Should bump around the low to mid 20's for a few weeks I reckon unless we get news sooner. Q3 is almost upon us but some will use this opportunity to sell and average down or use funds elsewhere in the meantime. Right or wrong I have not sold a single share nor do I intend to at these levels. Good luck to those wanting to time a trade but careful not to get caught out on the wrong side of the next bounce ;-)

ATB

Blue

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…

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

Hmmm I reckon a lot of money just left HEX in favour of HE1 based on mcap and what they see as potential upside...before rig mobilisation here...each to their own I guess! Good luck getting back in here then ;-)

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

Yes thanks Trek. Always read your insightful posts with interest…always great explanations that make a lot of sense.

Maybe it won't be 27p today.....but its odds on favourite for a decent rise into the high 20's and beyond in the next few weeks. Why? Because of the low mcap relative to its peers.....the relatively low number of free float shares...for all off the positive reasons already kindly outlined by others here.....IF and thats an IF, it behaves like HE1 in the early days then we can all see the possibilities here. I think this is actually a safer bet given the strength of the BOD and being in the US etc etc

All the talk of no production until Q4 2025 etc......that will not stop it reaching the mcap of its peers at least who also do not have a firm date for production yet either. If production were about to commence then we should be talking in the £££'s for this share. Its also relative. I get the feeling that some people have just had a bit of a punt without proper research and would like another go at it having sold up already.

I like many on here have a pretty decent sized holding........and I won't be offloading any at this price as it is still way too low in my opinion. I will offload higher up to reduce my overweight holding and protect my capital but I will keep a decent qty into the drill as this BOD and the assets here are the real deal. DYOR IMHO.

ATB

Blue

A lots of the sells yesterday by those that bought in big when the share was low / mid 10’s with a view to halving on a double to gain a free carry.(plus maybe a few panic sells as it dropped). I’ve got 550,000 at 10.7 average with no intention to sell any until mid 20’s as I feel this has a long way to go yet given the time span pre drill. Didn’t surprise me with the sell off in the volume seen as soon as it hit 21 yesterday. Once those over exposed positions at relatively cheap money have gone then this should push way higher than this imho. Should see this at 40 plus by July 24. This is still cheap and I am still adding a few at this price.

ATB everyone

Blue

What a surprise...TB pays himself £100k to take from the pockets of the PI's by trashing the price selling high and taking them back lower...couldn't make it up. He must be grinning like a Cheshire cat. If that's not a 2 fingered salute to the rest of us then what is?

Hi all, for the avoidance of doubt, I have purchased more this morning and my buy of 56,664 shows as a sell (same as 2 others I placed this week) so many of the smaller sell transactions are in fact buys. The longer this churn goes on, the more I feel compelled to buy at this price level so I hope they stop soon or I will also be posting a TR1 lol

GLA, Blue

It was like this being in early at HE1 first time around...hovered around 7p to 8p for weeks with hardly any interest......then BOOM to high 20's pence when the herd arrived...hopefully a repeat here in the next couple of months...