Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Https://dailynews.co.tz/floods-kill-one-renders-21-homeless-in-rukwa/
Not good, will delay work too.
Easy to see the money being burned "we are growing the team to deliver the large amount of work that is continuing in the background "
Defo cash raise in summer imo.
I think funny how rns stating really not much on same day Helix is up and running, hmmm.
And DM wouldnt have diluted us with billions of shares either imo, good luck to him.
Oversubscribed placing with book of demand over £22 million to raise gross proceeds of £7.5 million
• Market capitalisation on Admission of £12.2 million
• Placing price per share of 10p
• Net proceeds of the fundraise will be used to fund scoping study and appraisal drilling at Ingomar project in Montana
https://twitter.com/Share_Talk/status/1777600378323828962
https://www.share-talk.com/helix-exploration-aimhex-admission-to-trading-on-aim-first-day-of-dealings/
Helix does look an attractive for all the reasons pointed out. Q3 drilling as well. DM did it once before with HE1 from 6p to 28p.
Well this was predicted sub 1p. Billions more confetti on the way, but getting the sweet spot of at what price is key.
Simple end of tax year crystalising losses that's all, I added yet again, we all have choices and I took opportunity.
But that's me done I have enough and its down to the BoD to deliver. Some see opportunities when others don't, we all can make our own minds up, GLA.
Could be the next Helium big play this year, certainly won;t have billions of shares and if it acts like HE1 when it first listed we saw great gains on first drill. DM does know how to get the market excited, and he will pump it.
Https://www.cityam.com/exclusive-former-helium-one-chief-chooses-londons-aim-to-float-new-venture/
Helix Exploration expects to hit production in the final quarter of next year.
It estimates a 12-month timeline from first discovery to first gas production through the use of a $12-15m (£9.4m-£11.7m) processing plant.
imo, should never have got rid of him from HE1, a bad move from Stalker. I truly believe the sp would be far higher under DM than current levels. The shoddy raise that was broadcasted weeks before it happened and then at a huge discount killed sentiment for those of us who held for 2 yrs. Anyway glad DM is back!
3,715,710,763 shares in issue gives market cap of approx £46m
imo without actual well test results the current market cap is high.
how many more shares coming in next raise in the summer to add to 3,715,710,763?
will there be a consolidation event?
lots of unknowns, bit like the well testing, too many unknowns to warrant current market cap, and add **** broker who shafted lths, then sub 1p on cards over summer unless news.
Exactly dai, being bitten hard previously will not make same mistake, these broker are snake salesman.
"Liberum the guys who advised He1 to tell the world He1 were looking for funding, and later brokered a 0.25p placing"
The new placing in Summer will be key, as they burn through funds until then.
Not looking at sp but mcap, share in issue 149,069,995
£200m mcap -> £1.34
£300m mcap -> £2.01
And much more can be achieved, just need those ducks to line up, get production running and hold tight :-)
It's what keeps me invested here, the opportunity is rare on AIM.
Sorry but many have short memories, wasnt long ago that we had a placing at 70% discount, many of us took a hair cut and some and had to trade our way out of losses.
It can happen all again, once bitten and all that. Many will wait now until next placing announced, they have 3mths funds left, so do not kid yourself that a placing is not coming this summer and prob around a penny imo.
Lorna reading of post it notes stuck all around here screen it seems when she interviews.
https://www.youtube.com/watch?v=r8VLUWiQ_hI
"The rig is currently hot stacked, ready for quick deployment, with operations planned as early as the third quarter of 2024."
Imo it's all rather vague. DM was much better at informing us.
At the moment there is a flow exsolved from liquid, no mention of reservoir?
Last funding lasts 3 mths, so will need another funding in summer period prior to Q3, maybe a consolidation of shares from billions to millions will happen too.