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I assume they will take a share of the profits. Dilution is not necessary.

Not a bad day if you're buying.

DYOR and GLA

The 🚀🚀🚀are waiting underground in their silos but they could launch anytime.

I'm quietly accumulating in the meantime.

DYOR and GLA

When news arrives, this will soar 🚀🚀🚀

Meanwhile, I'm taking advantage of the low price and added to my holding.

Invest responsibly and DYOR. There are no guarantees. GLA

...but HE1 own 83% therefore they have major shareholder control of Songwe therefore HE1 are the driving force.

...but each dilution has moved us forward!

Fridays are usually good for the SP. Let’s hope for a repeat today.

DYOR and GLA

It's also a good opportunity to buy!

0.01p is hardly a 'drop'

It’s a slow steady process.

If you are getting bored, move on, but you could miss out!

The 🚀🚀🚀🚀 will come eventually.

It's definitely a Strong Buy at this level IMHO

@kread Stop trolling and repeating yourself

How does the CO2 that gets stored underground under the £multi-billion Carbon Capture Programme differ from the CO2 we sell?

We are far better than our partner in Colorado as we have a very large proven discovery in Rukwa ready to be exploited.

A JV or farm out could happen anytime, maybe next week. Who Knows!

NAV is closer to 'true value' but hard to assess due to the nature of exploration. P/E can be any figure as it is based on many factors including potential future earnings therefore MCAP can be any multiple of current income and likely to increase over time.

Selling now (unless already in profit) could be a bad gamble IMHO even if going short.

DYOR and GLA

@kread - If, as you suggest we are still in the early stages of working towards helium production in Rukwar why would your opinion be a strong sell?

Surely that would be the reason to buy, whilst the share price is low and the potential for growth is high!

A strong sell when the SP reaches 10p or more at full potential might seem reasonable

@kread - you obviously don't know what ypou are talking about. It's the number of shares and the SP that make up the MCAP, whuich is based on a number of factors, not just the income stream!

stop trolling and find yourself a share you like

Retail offer oversubcribed and and more cash in the bank for HE1 to speed up progress in Rukwa.

1p will just be the start. 🚀🚀🚀

DYOR and GLA

At least you’re consistent LOL

The tree will be shaken but markets are revovering and I believe we'll finish closer to 0.8p by cop

Good summary Blubay. It's unavoidable when working with AIM companies a significant number of them fail. HE1 is a rose amongst thorns and wil survive for many years to come IMHO.

The RNS was designed to distance HE1 from a company one of its directors worked with in the past.