Member Info for dai2belts

Need some lucky charms :)

UPL £50MC On-shore Sarawak, Partners: UPL subsidiary, BOV, maybe Petros ?

LBE £10MC Off-shore Sarawak, Partners: Longboat (operator 36.75%), Petronas, Petros, Topaz

Bump

Bump

You are just checking KevR and I are not in there before you buy....

Sitting at x8 with the intention to drill MC £ 50m

I think I posted some stuff on it a while back, anything over two weeks gets wiped from my memory :(

What are your thoughts on it

Mmmmm, I could have sol all at +1.4p..

JM is a master at creating so many speculative options....

Extending the offer leading to speculation its to allow the signing lol

I can taste it lol

Bite test :)

https://www.youtube.com/watch?v=BP_37m90QGQ

I think maybe DM has about 1m at 1p, if give him 18% for each of the 1p and 5p shares..

He had 4.1m, or a 18% holding pre-ipo...

Not sure they are the 12 month lock-ins though, as they vest on share price, and 20p might be reached any time soon if there is a pump

=====================

From Wolfs post

1) On incorporation, the Company issued 5,500,000 new Ordinary Shares at a price of 1p.

2) On 14 December 2023, Helix completed a pre-IPO fundraising, raising £861,000 through issuing 17,220,000 new shares at 5p

3) On 11 March 2024, 10,000,000 new shares were issued to Bo S. (Doesn't say at what price, but I'm guessing less than 10p. Having said that, I imagine these will be sticky hands).

===========================================

0.2p is x4, its offering good upside ..

£1k @ 0.05p before results with that gap to fill to about 0.725p maybe up to £500

£100 left for results could out perform that

Have not ...

I have found much about the locking in details...

Page 36

The Locked-in Shareholders (in accordance with Rule 7 of the AIM Rules for Companies) who, on Admission, will hold in aggregate 14,600,000 Ordinary Shares (representing approximately 11.9 per cent. of the Enlarged Share Capital)

Page 310

David Minchin, Bo Sears, Ryan Neates

Total 4,612,000 4,612,000 1,000,000

Vest 1 1,537,333 1,537,333 333,333

Vest 2 1,537,333 1,537,333 333,333

Vest 3 1,537,334 1,537,334 333,334

Vest 1: Ordinary Shares trading above 20 pence for 20 consecutive trading days.

Vest 2: Ordinary Shares trading above 30 pence for 20 consecutive trading days.

Vest 3: Ordinary Shares trading above 40 pence for 20 consecutive trading days.

Anybody given much thought to BCE price, people suggest 0,5 to 0.9p

That x10- x18...

£10k for a big return

Don't forget the house broker eventually had a unrisked NAV of 135p, and canna a risked price of 21p..

He1, had a 2.2% show at 70m, bubbling mud at 560m, and the biggy to come at TD

After it was just a technicality that it could not be announced a discovery...

So the BB was fuelled by the company, media and analysts..

Like now, Donald repeatedly talking about He1's commercial discovery, and I think Pro(not 100% sure) calling the hydrogen Gold.....

IPOs....

If the order books are full then there is no need to sell to the market, and since no extra shares over that amount have knowingly been issued then where are these shares we can buy coming from ?

@Tro,My guess is that it reached that 28p because somebody talked off takers days before results, and after all those bubbles. It was one of 4 wells and the 1st was coming in, so the remaining 3 were de-risked and the price for all was about 130p..

After IPO I believed it sat around 7p for months, I had bought some and thought its never going to move :)

The H&P reports were made available, so I guess there will age one out soon..

Not sure what this one will do, just 2bcf, He1 was touting 5-6 bcf per well, and there were 4..

Its a shame two wells were not planned, to double the resource estimate, and remove that binary out come

But just thinking how many explorers sit at MC £30-40m with nothing but opportunity it has potential..

He1 reached 100m with 1 well and the rig turning up,

@SmartPunter,

A recent fully subscribed placing took place, where the terms and conditions indicated that the placees could not sell to the public for 6 months, that's us I believe.. The companies shares in issue churned over many times with in weeks, so maybe the bulk of the shares didn't end up in placees hands and remained with the book builders... who knows.. best to be vigilant

He1 had a 3 well story, so was expecting something along those lines but DM was quick to reply to Crux suggesting there are others.....

But the only lines he has't used is stalkers. " we are a production company as the helium is already there "

Interesting comment about " companies running out of money and having to raise at big discounts". He1 maybe

Not sure how many barrels they had to hedge at a fixed price for loan facility

The Locked-in Shareholders (in accordance with Rule 7 of the AIM Rules for Companies) who, on Admission, will hold in aggregate 14,600,000 Ordinary Shares (representing approximately 11.9 per cent

Trek, Ta..

Looks like originally 1 was planned, but raise has given the option of another if need be, is that right ?