Member Info for dai2belts

Taxes, I am like a typical AIM shell, lots of losses to off set against taxes...

Its a shame we couldn't sell our portfolio losses to successful traders

Good man lol

This weekend I thought I need to watch those candles, I get up make some coffee and end up looking at another..

QED, the MM seems keener to always raise the price, did 1st thing, although weak buying last Friday afternoon, yet strong rise over this mornings 1st 4 trades, yet all marked as sells.. Just a totally different pattern to the drift down, has to be MM sentiment lol..

And other times,,,, lots of games...

Can"t buy..

That old game lol

Sometimes that's because the price is about to change, other times the MM seem to be testing/looking to see the prices traders will pay.. You see them searching for seller interest, just a few at a price and they move it back up...

But its the one that fly, then flop to worry about as your left holding the bag..

He1 is doing plenty of big blip, 1.6p paid, that's 60% up in a few days from the low..

I bet not one of is trading it..

I am not sure what to think about that one, whether to jump in or avoid..

Anyone considering buying and bought about a max entry price ?

Its now listed on London Stock E for tomorrow

https://www.lse.co.uk/news/helix-exploration-plans-to-ipo-on-aim-next-week-posts-eyed-market-cap-67cmzr8iznys0z3.html

EGT, can't be Helix, different CEO, or Helium,

There is no ticker up for Helix so I am not sure where the He1 poster got the date from

I wonder ?

He1 1.5p bid, that's another 50% blip, should have kept a closer eye on that one, traders dream

Lol, they phrased it better than I did, I would never make a good politician or CEO..

@PortfolioPower, will you be looking at Short ETF when it turns ?

https://invst.ly/14aq3h

https://www.wisdomtree.eu/en-gb/products/ucits-etfs-unleveraged-etps/commodities/wisdomtree-silver

https://www.wisdomtree.eu/en-gb/etps/commodities/wisdomtree-silver-3x-daily-leveraged

https://www.wisdomtree.eu/en-gb/products/ucits-etfs-unleveraged-etps/commodities/wisdomtree-physical-silver

so Miner, physical and futures...

Copper, that article talked about futures making the gains..

So that article is confusing, copper miner cutting back and antophagasta price rising ...

Helix IPO, I wonder if it will be like the Cana IPOs, but after the 1st few they multi bagged on open, and look at them now....:(

Now I have to check those charts to if they are PHAGs...

Can we say PHAG....?

Where did you spot that ?

I see Orana listed as Helix company secretary

https://find-and-update.company-information.service.gov.uk/officers/UhbuxMO1PAAtKWLutRYFTBCSeYM/appointments

The list goes on..

https://find-and-update.company-information.service.gov.uk/search?q=ORANA+CORPORATE+LLP

Orana

https://find-and-update.company-information.service.gov.uk/company/OC382064

@Tro, interesting article that..

https://www.proactiveinvestors.co.uk/companies/news/1044692/helix-exploration-all-set-for-london-float-after-heavily-oversubscribed-offer-1044692.html

Sounds like they have set it to multi-bag by not choosing to take up all the funding offers that would cover them up to production.....and $90m MC compare..

Saying 0.5% is highly commercial , less than 10% chance of being 0.88% or lower ??

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

Offered £22m, plus £4.27 pre-market valuation = IPO MC £26m

Instead IPO MC £12m offering much greater upside ....

Since its appraisals not exploration could see MC £30-50m near drill especially with DMs ramping

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

Starting with roughly 120m shares (guess) should help price climb rapidly

Raising after or during drilling gives the city cheap shares, and more profit,

Low SII should ensure quick flip with a good discount, and 2nd cheap entry for PI

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

Comparison set to encourage MC £80-90m on discovery

Targeted Annual Production 55,000mcf, while another up and coming IPO $90m aiming for 32,000 mcf/y

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

Maybe £100m MC,

Sure He1 BB quoting over $500mcf, so

55,000x $300= $16.5m/y

$500=$27.5m/y

All for under $27m(15m plant +ipo 12M)

Sounds crazy but He1 hit £100m when the rig turned up

plucking out of the air of course, any views

I thought I read 3 wells to be drilled, is it 1 or 3 ?

Wrong link ...

https://invst.ly/14aq3h

Mmmmmm, but they look near longterm highs, so near the tops ?

What's behind the rise ?

Wisdom Tree Silver is lagging a little do you think it will catch up..

https://www.ft.com/content/c3c66359-6bdb-45cb-8ddd-663f10c1d3d9

DMA , I just think thats level 2 access by passing the middle man we trade through..

There was a post on ARS....

But many traders are placing bets on supply shortages as production cuts by miners begin to take effect

https://www.ft.com/content/c3c66359-6bdb-45cb-8ddd-663f10c1d3d9

So are miners going to benefit from the rise ?

The well produced AT an average oil flow rate of approximately 42 bopd during the natural flow back period

vs

The well produced an average oil flow rate of approximately 42 bopd during the natural flow back period

The former is a rate that was achieved, the later is the rate for the whole test period ?????

Or is it ...... during could mean , throughout or in.....

Obfuscation

Looks like some posters questioning 88e results, almost call them a lie.....Should always read last page to 1st lol

24.8 stk bbls of oil, what's stk ?

"The well was cleaned-up and flowed for 111 hours in total, of which 88 hours was under natural flow back and 23.5 hours utilising nitrogen lift."

"The well produced at an average oil flow rate of approximately 42 bopd during the natural flow back period, with instantaneous rates ranging from approximately 10 - 77 bopd with average rates increasing through the test period."

So its natural to assume

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

The natural flow back period was 88 hours or 3.6 days, with an average of 42 bopd that's 154bbls.....

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

BUT.....

After all the extra historical bumf, contact details and broker info, there is important info...

"A total volume during the flow back period following establishment of oil cut of 24.8 stk bbls of oil recovered following establishment of oil rates. "