Member Info for cperkin

+1 Crusty, although it is my interpretation and not confirmed that there is no IPO.I will ask the question to the BOD. Like you say the lack of transparency due to H-1 being private helps not at all.

Maybe Crusty, it's not clear for me and they seem to have dropped the mention of any IPO in both the strategy update RNS and the presentation, is it a change of approach with "drill for equity"? Could do with some clarification at least.

Only interested in mcap moving news, like the licence and KN-1 remediation.

Still at a discount to the Zubairs just less than 30% stake.

Buy.

If you can call it that.

"We are pleased to receive the continued support of our two largest shareholders in order to accelerate development over Kiliwani, where the Company continues to remediate its Kiliwani North 1 well to bring it back into production, and Nyuni, while we make good progress in closing out the Farm-Out of Ruvuma."

About time the market was updated on the "acceleration"

Looks about right Babelfish although as far as I understand the Helium-1 IPO is no longer on the agenda and they wish to minimise dilution of the shareholding now.

"The management and Board of Helium One are exploring options to fund the programme on a drill-for-equity basis thereby minimising requirements of existing shareholders to cash fund the initial drilling"

So drill for equity and no IPO?

A lot of new or (re-sleeves) playing bash the BOD on this board, must be some interest in getting in at a lower price?

Good luck any genuine holders ( I am not one but will keep my eyes open on the hard work here )

Best volume day for a while AA

Wonder how they are getting on with the sale of REEF and of course what they can get for it? got to admit I m not expecting much but ever extra $ towards the deals they talked about will help.

Have a great day all!

Marginal increase in volume, walked down and now being walked back up, long ay it continue!

Best of luck all holders!

Still a long way to go to get to the last placing price from which 0 bad news was released so the fall was unwarranted from 2.25p imo and even further to go to get to asset value + cash position and there is no debt.

Nice to see our JV partner take on a 10% rise as well today as solo put in the 6 or 7th straight day of blue.

Good luck genuine holders.

Their main asset has 608 BCF 2C gross contingent gas resources –US$1.6bn value & 38 MMBbls2C gross contingent oil resources.

Interesting times, lets see what plays out.

GL

See our Exec Chairman has taken a stake in BLOE as well

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=BLOE&ArticleCode=8i493w6o&ArticleHeadline=TR1_Notification_of_major_holdings

Think I might have played it a few times :) great song!

gtg play some rip your lungs out jim before its too late.

night

Haha, Jam on at some point soon AA ;)

Love Zevon :) first song I learnt to play on Guitar was "Werewolves of London"

Fa-fa-fa-fa-fa-fa-fa-fa-fa-far better
Run run run run run run run away oh oh

Played that in a few pubs!

It's the Helium in them that gives you the fun Squeaky voice, Helium only for floating balloons.

Got to say Peking I was surprised at the KN-1 ref as well, clearly not true.

Mick darling, I am not the one posting on other BB's with multi-id's pumping their stock.

Race you to spud :0)

xxxx

Haha and hence we would not dream of such a belly scraping tactic Dunder ;0)

Race you to spud Oz!!! always a sign of desperation people pumping stocks on other BB's especially when employing multi sleeves to do it, Just my opinion. :0)