Member Info for dai2belts

@Tro, your just trying to make feel better :)

I am not sure about diversifying with too many AIM companies, its like having a bag on jumping beans in your pocket..

Too many volatile stocks to watch, when one is hot its distracts you from the others, LBE's drop caught me by surprise, it seemed to have steadied for the bounce. a bounce further down..lol

Set up quick picks on your screen, as many as they allow, see how many moves you miss,

AEX, was just 1 penny to buy, suddenly its up 30%, missed that, and its my my screen

Best to have a good list up, sit on your hands for the moment to buy in, if its really good..

really hard to do, though..

KevR, they fell short of reaching the target at TD too...

But drilling through the fault gave matey his bubbles, so helium was migrating along it, but was it filling, leaking, or an overflow from a filled to to spill reservoir..

And Liberum have been quoting a 35% CoS , thats probably based on inside knowledge, while He1 just say its the best chance.. 35% on a wild cat is high...

Roadshow link

https://www.lse.co.uk/ShareChat.html?ShareTicker=HE1&share=Helium-One&thread=8329EA97-A457-4E79-8368-3A331E0F6190

Https://www.proactiveinvestors.co.uk/companies/news/1015669/helium-one-global-s-tai-plan-validated-by-cpr-suggests-broker-1015669.html

Once you believe, its difficult, and if you believe everybody else believes but not you, then you act the same thinking you know whats happening, and the markets gets you lol

Lbe, at about 50 days from spud, we are looking at a dry well, after 60 days should see the price start to rise in anticipation of a discovery.. The risk is delays pushing that 50 day out, and being just before bad news...

He1 MMMmmmm BB getting busy, but lots of large sells coming through...

My thinking is since the city road show has been done, there could be something happen, but think it was said no fund raise till after discovery, did anyone have the Masked traders tweet?

@Mischief, I am all talk, forever missing profits, just did it with LBE, took 12% when it could have been 40-50%..but at least this time I did'nt drift into a loss.. If people are buying why sell, gets me all the time.. It will bounce now ;)

LBE, that spud was announced early..So rally could have been timed by rig movement..

I just sold LBE, continual drift down,low daily volume predominately sells, any lower was risking high street interest and suddenly into a loss, gambled long enough on a bounce, watched the latest interview, honest, talking years ahead, so took 12% profit.. Bad drill could see 12-15p from here..

I think its leaky, or worked as just before spud it rallied, which I took as drilling excitement, and thought here we go... FOOOOL , its AIM so gamble on the drop for better odds :)

EOG looks like its heading for a penny offering a 4th blip this year..

Kistos, when I held frequently had a £49k trade that got canceled, I think there was a larger trade too,

He1, something unusual there, lots of ~350k sells, but each day there also seems a ~350k buy, maybe just a single one too...

Also in the interview they carelessly told investors that the last raise was only intended to provide funds until June, you dont say stuff like that to AIM investors unless you want a sell off...

Especially after the Friday update...

Forward selling is usually done into a dip, so sell high buy back low...but I guess buying the dip and selling higher then becomes an opportunity.. So two opportunities to make money... Not sure if it all fits together

Kistos, when I held frequently had a £49k trade that got canceled, I think there was a larger trade too,

He1, something unusual there, lots of ~350k sells, but each day there also seems a ~350k buy, maybe just a single one too...

Also in the interview they carelessly told investors that the last raise was only intended to provide funds until June, you dont say stuff like that to AIM investors unless you want a sell off...

Especially after the Friday update...

Forward selling is usually done into a dip, so sell high buy back low...but I guess buying the dip and selling higher then becomes an opportunity.. So two opportunities to make money... Not sure if it all fits together

Also, now they have the rig, thats about $2m less they need to raise..

I am making the assumption the next raise will be for flow testing, so its not going to a huge amount, probably means they are exempt some rules associated some options to raise...

At the last AGM they canned the special resolution, but did'nt have an alternative or standard on the circular to vote on...

I dont recall a vote in the room(if possible) in favour of the standard resolution either, so I dont know, but Lorna said they would raise..

Nothing to stop them raising and voting later, an open offer will get the votes through..

https://www.burges-salmon.com/-/media/files/publications/open-access/aim_companies_corporate_transactions_and_the_aim_rules_for_companies.pdf

https://www.shlegal.com/news/equity-fundraising-considerations-for-aim-companies-during-covid-19

@legal, she said they had a Mass spectrometer on site, that is for gas analysis but did'nt say if would be sampling gas taken from the mud while drilling, as they did 1st time..

So they maybe able to announce

1. A show from gases in the mud, with maybe %, maybe sampled from mud recycling tanks

2. A show + adjacent seal & reservoir, thats a discovery..

3. Gas sample

Your two weeks bashing the He1BB, and you have no answer, what chance do I have ?

@KevR, still need some luck and a good story.. sure I have seen placings go down, and keep going, TRP but I cant recall how it was done..

Oh JSE, how could I forget that one, and then Montara 2 :(

But I wonder about forward selling, as I read about a situation where a company was fined for forward selling shares that never got approved at the vote.. I doubt that was a one off... It just did'nt go to plan like my gambling

@Legal, announcing a discovery

https://www.youtube.com/watch?v=froKUlEg3h4&t=2875s

@Legal, I dont buy it, your shrewd, too much effort put into the raise subject on the downtrend, for too long, to your advantage...

You know there is a raise coming, Lorna made that clear, your headroom question will be answered when she raises..

@Kev, I seen Wyn quote Cybertrons advice, lol

I wonder if Ian has sold some, as that would be the sensible thing to do, especially if the bulk of the 6m warrants converted were his, as he has shares too.. He would still be a substantial holder, then again what does he class as substantial 100k or 1m or 5m or ??

@Legal surely a man of superior intelligence to the average AIM investor could have found the answers to their questions quietly researching the back ground..

@Mischief, that paper profit, just takes 15 seconds to bank.. Its no different from the money you put in, its yours if you take it...If your £100 up but end up selling £100 down, thats £200 missed...