RE: Johnny Rotten said it better25 Jun 2022 17:59
If too many Post like they have lost hope the sp will be rotten, and johnny will be picking up cheap shares for the next news, pump or hopefully the drill..
If your going to cut your loses you will get a little more if people think its worth a punt..
So is i t a world class asset waiting to be proven, with a team at identified rig , rig preparations likely to be in hand, money in the bank ready to sign contracts, and a drilling window into November possibly early December .
Or Its unproven world class asset , we have no drill, money is slowly running out, and its going to rain for Christmas..
Either way, drill or no drill, one will keep a better price than the other..
Liberum’s ‘buy’ note contained a 19p price target. The price target incorporates the broker’s belief that Helium One has a 35% chance of geological success, it said, but was not afraid to suggest 54p would be attainable if success was certain.
Anyone seen the note, to see how they come to 54p, ?
https://www.proactiveinvestors.co.uk/companies/news/975565/helium-one-shares-have-100-upside-according-to-city-broker-liberum-975565.html