RE: market really selling off and I don’t know why ??30 Apr 2021 12:04
The TR1 was from the 27th, today is the 30th and they have no reporting requirements after the 27th so we have no idea what they have sold nor what they have left.
People still talking rot about %'s As far as HE1 is concerned, all that matters is the price for the 21 million shares SCIR hold, current value =£4.3 million and showing a profit of £1.7 million & SCIR have no liabilities to fulfil and thus no costs beyond broker fees.
Market thought it was worth 17.5p on Ruvuma alone post NT2 drill result. One thing I have learnt is that there is no point ragging against the market, much better to go with the flow.
RE: Rig Mobilised + trading in US29 Apr 2021 11:31
Looks like the market has twigged that SCIR hold 21 million shares in HE1 + 1 million options @2.85p and the SP has not moved here despite the epic rise at HE1.
Helium One (AIM: HE1) ("Helium One" or "the Company") is pleased to update the market on progress at its Rukwa Project (100%) in Tanzania with drilling rig and equipment mobilised to a forward holding yard and announce that the Company's ordinary shares will cross-trade publicly on the US OTCQB Venture Market ("OTCQB"), under the ticker HLOGF with effect from market open in the US today.