Member Info for Cocobeans

Having someone new to the company would have a) disjointed on going talks b) the existing team maybe replaced therefore slowing down progression c) cost money

This appointment ensures continuity of ongoing discussions and we have someone that understands the project. At this stage we are fully funded and ready to execute on contracts

Could be argued that the job of the ceo is already done and now is down to the ops team to deliver

"With Helium One fully funded for drilling at Rukwa and rig contract negotiations ongoing,“

So clearly we are in talks, which is great but if news. The company must know what rig we are going for….

The BOD have listened and this sets HE1 on a new direction which is good

The fact that Lorna knows the team, project and would be part of the process, will mean this Is all seamless

Now the BOD will want her to look like a hero so Rig news will shortly follow

This also saves the company DM salary so reducing expenses

Retail asked for DM to leave and that’s what’s happened, good appointment

Is on other drill like 88e and MATD (look at them volumes with placing overhangs and short drill times

I see that money rotating into HE1 and this time we won’t have any placing overhang plus we are fully funded so i see this running

There isn’t many helium drills of our size that retail can get stuck into

Let’s be seeing how the company delivers

This is getting over looked at the moment but I think we see a change of wind, the AGM and then the Rig announced

I don’t think they will bother with MOU’s etc, as they are a waste of time as we fount out

I feel they will go straight for a contract and therefore will take the market by surprise

The flip side is going straight for contract means it takes a few week more

By end of Feb we will have everything in place for a May drill imo

Now is the time to buy, then de-risk in mid teens and then run a few for a potential 10 bagger

Follow through tomorrow

I believe we start a fresh and this price will be history as we move forward to a huge prospective drill in May IMO

They won’t share a rig, they will share the services

I’m any case, Noble rig requirements arent like HE1 , so that doesn’t make sense

IMO we will have two pieces of news this or next week

Is my guess. Let’s see but I think we are nearly at the point of execution

my feeling is the company will want a feel good factor at the AGM so will deliver some news to its shareholders pre that.
Drill Q2 and this could just be a superb entry point
as plentry of time to then de-risk when the drill is turning

news in the pipeline?
We know how leaky this ship is

the very good news is this
last time we had a rally from 5-12p it was sold down as we didnt have any funds to drill and the market knew this
THEN, the placing flippers sold all their shares at 6-7p on the news we were drilling
SO AND IF we get positive newsflow, we are not only fully funded but all of the overhang from placing and the market has been absorbed so we should see a real positive rally!

all to play for here and its off people radar due to the bad decisions of the bod

sentiment can and will change quickly here

Is travelling so I wonder whether that coincides with this Cluff rig news?

If we get this predator rig then its a May drill, which gives plenty of time for the shareprice to rise

Good news could just be ready to come our way and once drilling, all will be forgiven

great entry point here giving how HE1 moves on positive news

clearly had multiple issues and with the issues with its current drill, that rig with long lead timeframes wouldnt have been available in Q1 anyway, if HE1 can secure a Rig and mob is 6-8 weeks we would probably be drilling before we would have done with the rig we just lost.

ultimately either way, HE1 was going to drill Q2.

over reaction on todays news given the issues that the rig had anyway, it was obvious there would be delays.

now we need HE1 to secure a rig quickly, given the work they had done on this and the excess money they raised in the funding, maybe just maybe its not as bad as people are making out

who knows.... DM over to you

Broker will know more than us as they would have spoken with the company
https://www.proactiveinvestors.co.uk/companies/news/1002301/one-global-broker-expect-swift-resolution-to-drill-rig-setback-1002301.html?viewSource=TwitterUK

happened there- why the spike down? any news

the spike down?

THIS IS MADNESS

based on IAG/HEATHROW and the fact that TUI cancelled more holidays

its getting silly here though, at basically all time lows- funds have got to be buying here as the holiday bounce will be coming as we enter into winter- i see value at these levels hsort, medium and long term

i bought after the 8th, can i apply for the RI that people are selling and how does that work?

has happened here- pretty much now at all time lows?