Member Info for dai2belts

Stuff in here about prospectus requirements, looks like He1 were avoiding producing one by doing a placing, yet 88e managed to avoid one doing an offer ???

https://www.taylorwessing.com/-/media/taylor-wessing/files/service/taylor-wessing--corporate-finance--secondary-issues.pdf

@KevR, I dont fully understand this, but its another way of getting around certain UK rules, and avoiding a prospectus, which I have yet to have seen for any placing.. Confused or what..especially when He1 were continually offering discounted shares to the II, and diluting the LTH.. Just proves He1 dont have their shares holders interest at heart...

https://www.lse.co.uk/rns/88E/non-renounceable-rights-issue-h82rggdxxzq894g.html

Thats a good point, how about you stop trolling He1 and start ramping 88e ;)

Only joking, some on the BB are a sensitive lot, and dont like people mentioning they sold..

Hopefully unlike QED, the CEO will asking for extra, that will really get the speculation going...

You got my conspiracy theory head going....

Looking at the average volume. it was up for about 2 weeks before, which could have been a sign there was an attempt to get the price up..

https://invst.ly/10ysrv

Now I did expect the share price to drop to at least 0.31p, as thats the raise price, and it did briefly..

Priced at 0.31 will tempt those with money to load up, £3100 for 1m shares, it was +£5100 pre-raise Hickory last year... And if the price receives a little help to keep the bid close to 0.35, it will be tempting for an instant profit with good potential for further upside. Also people will be able to sell some to buy up ones quota at a lower price which should guarantee a successful placing.... Mine should be 100k, if I can sell at 3.4p, that 10% back in my pocket, plus 10% up side if price holds...

If I could buy 1m, at 0.31 that would serious average my price down, but If I got so many extra I would be worried..

I have been wondering if there well be any excitement over the flow testing, I guess it depends if 88e will be looking to raise again and create the opportunity....

But there was no increase leading up to this raise

https://tvc-invdn-com.investing.com/data/tvc_b53eb8f1823a8c3d5f517a8b74b1af21.png

But there could be an angle, that raise, all the new shares are going to existing share holders, so not being offered to outsiders which is what you would want if your confident, but who knows

I have been wondering if there well be any excitement over the flow testing, I guess it depends if 88e will be looking to raise again and create the opportunity....

But there was no increase leading up to this raise

https://tvc-invdn-com.investing.com/data/tvc_b53eb8f1823a8c3d5f517a8b74b1af21.png

But there could be an angle, that raise, all the new shares are going to existing share holders, so not being offered to outsiders which is what you would want if your confident, but who knows

Lol, 88e needs to double to break even, and he1 would need to hit 18p,

but if He1, breaks out, while 88e stays in the current range, the year could end well..

Orr has also returned near lows, but could it double again ?

Lol. 88e operated in Africa under another name before relocating and rebranding in Alaska...

I wonder if He1 would be able to use a new subsidiary to acquire licences if any can't be extended another term ?

That CoS is a little odd especially since the other 3 got increased, but Tai did'nt, yet they say Tai is the one...

2024, almost here, its duster busters year ;)

Do those men socialize in the right circles, while your wife gets on with her job, before returning home to the family..

One thing I noticed some people are much better at promoting themselves than they are at their job, or know how to complain and get those extra perks.. My first company car came about through a colleague pointing out how poorly he was compensated compared to others doing similar office based roles, while he worked away at customers sites..

And then you have those managers who live a gold fish bowl, only see those who care to make themselves known

Reads badly

Licences, they have a shed full, last year reduced the size of some and relinquished a couple.

Most are in Rukwa, but have a few in two other locations, but unless they can keep renewing most will be nothing more than an expense with the speed they are progressing.. Since the first permits were awarded in 2015, I wonder if some ended up in others hands, like Noble

Unfortunately, I did'nt take that 4.5p offer, as I did'nt know that Predator had a sold sign on the windscreen, or had already started its journey since it was in country Monday morning ..

I guess they need money, its almost 1 year since the last raise, and they have been spending, said they saved $1m by not shipping SOFORIs rig, which is just smoke and mirror,,, as the current overall costs could still be similar or even higher..

Licences, they have a shed full, last year reduced the size of some and relinquished a couple, mostly in Rukwa, but a few in two other locations, but unless they can keep renewing most will be nothing more than an expense with the speed they are progressing.. They had about 19-21 prospects, so drilling 1 a year would take 20 years, some have already been renewed, so in the 2nd term.. Was it all just about boasting a huge resource, marketing....

He1 founded 2015...

Solo made a 10% investment in He1 in 2017, mentioning resources of 98.9Bcf, in 2020 He1 estimated 138bcf within >6,000 or 5100sqkm depending on which doc you read..or maybe its me..

now about 2,964km2 and 212.2 Bcf

Seems to be doing the typical AIM thing increasing resources without proving anything, and probably 9 years to 1st appraisal....

73 page Version

https://assets.lsegissuerservices.com/original-1fdbac35-5202-4a6b-a146-d02ab8d29538.pdf

42 Page Version

https://cdn-ceo-ca.s3.amazonaws.com/1funjk8-Helium_One_Initiation_note_Final_14_Dec_2020_RB2.pdf

I got quoted 4.55p to buy on the friday, so some new people are still taking up to 100% profit,

Others will have averaged down to near 7p over time, and be looking at 50% at ~10.5p, and ~100% at 14p

Its a tuff one to call, and the media is not creating the fomo..

But we are still waiting on the well control equipment, and crew, ??

88e, Those fully funded posts appeared, then not long after they went cap in hand, 0.31p offer, so thats probably why there was that big seller hoping the share price would drop to or below... As the raise needs to be successful I guess some people will be selling to pay for their allocation which is what I may do, but it is at a nice discount, a low, so lets see how the price fairs as it could be worth taking extra....

31 July

1 for 10

The Company is pleased to announce that it intends to launch the Offer to enable existing qualifying shareholders to participate in a fundraising of up to approximately A$12.00m / £6.29m, the net proceeds of which will be used to fund ongoing activity across its portfolio of oil and gas exploration assets, located on the North Slope of Alaska and onshore Texas.

https://www.lse.co.uk/rns/88E/non-renounceable-rights-issue-h82rggdxxzq894g.html

He1, after watching how PRD played the drilling updates, and seeing how He1 reset the price back to the IPO 4.5p, I wonder if the market will be thinking TD is the de-risk point, rather than spud.. He1 should be looking to raise before any chance of bad news.. They could create the speculation as has PRD, then send logs off for analysis before testing starts..

88e, it was weeks before results were published, and not sure if PRD have published theirs yet

I have a mac too, but it plays on android, my tablet

I have the same, its likely your browser does'nt like Wistia's format, try changing your browser

I think they will play it to whats the best interest for the company at the time, and they will decide as it all unfolds..

There is a good post on the QED BB by Blackwash, talking about freebie warrants, giving some advantages.. Interesting

Yep, I wish I sold all at 10p, but I would have bought back at 9.4p, and not been able to hold for sub 9p..

Its reminding me of 88e, where there is a lack of trust, and many burnt fingers, and I have a few shares worth selling at a loss as they are slow movers which I could be back later but struggle to put more into He1...

LBE, I think there is an article posted about a recent discovery nearby, I need to read that again, cant recall any of the details...

The rampers are setting the expectation the price will rise after spud, like last time but that was because He1 put out so much media during a drill that took way too long.. This drill is going to be a lot quicker, the gamblers will probably hold for a show announcement before TD..

When there was nothing happening, no rig, early 2022 the price was higher than it is now..

And not sure what to think about the changes just before the big discovery

Interesting you mention Matd as not meeting expectations, it was a near 1.5p before Christmas, peaking at 7p..

What was the expectation, at 4.2p it still may offer plenty more ?