Member Info for dai2belts

Thats all you need to do on AIM, .... last raise was done at 10p, with a 14-15% discount, wait for 8.5p
See Troajans post...

@Troajan, 2.12 Broker Services, investment for future development followed by a quick mention of exploration? So post production or now?

Well the RNS was about a new NOMAD advisor, thats not fund raising..
and suggesting "we're gonna manage to get as far as we can with the capital that we have "
kind of backs that up

But if the intention of the change is broker services and a raise thats not whats being communicated..

We base our decisions on what they communicate, thats all we have..
So if they raise very soon we have mislead twice in short period

@Muscles, If He1 raises fund for phase 2 exploration then they have caught me out again....

and about the cash?
yeah well we're very well financed for our current excavation program
uh we've got north of 10 million dollars left at the bank
which is sufficient to keep us moving on the ground quite a long way
uh obviously you know the more cash we have in the bank the more exploration
we can do and the more value we can add to the project
uh but we we keep a very tight ship
uh i am notoriously tight when it comes to spending money
and uh we're gonna manage to get as far as we can with the capital that we have

https://www.youtube.com/watch?v=is5cVFjKtYo&t=599s

@PatShare, Its difficult, a single word in Geology produces a paragraph in google, and it spirals, in the docs He1 one refer to the faults as both seals and migration paths, so they say the helium migrates along the faults and charges the traps.. At the same time traps are sealed by a faults... So we need the faults to do both, or the migrating helium to charge faster than the helium reaching the surface..

I think Horult was just ensuring people understood you pay tax on the profits even if you keep the cash in your trading account..

@PatShares, I hope its the right time now too, but remember to read up on the Geological risks highlighted in the company documents , especially around the seals before spud,

CGT, Its only when you sell you pay, plus you can off set against losses.. I have all in an ISA which is big enough until I prove I can invest successfully..

@PatShare, I had to look it up too, to ensure it was what I thought it meant :)
I have kept my bank share as I think they will become popular again, with inflation increasing their earnings, but more from the fact they have safeguards in place to help protect against another financial crisis..so more solid, I think they were considered safe investments.. Mind you I bought them in the crisis, topped put in the bottom draw along with my trading account details until recently.. Missed them triple while in the draw :(
but managed to top up a the lows...
But this should out do banks on the way to spud, then the gamble on results..

@HappyDazes, sure there was a guy from Tanzania last year, but my memory is becoming fictitious, so I checked your history to see if it was you.....
You started a post with "greetings earthlings" :)
I bet you have some great photos, safari I take it,
what sort of wellies do you use for chasing those things?

@Pat, are you using leverage ?

@HappyDazes, From Tanzania, your pulling my leg,
"greeting earthlings" tells me different...

Not sure there is anything there to suggest Canaccord was'nt up to the job, $10mm and second listing HLOGF came after they joined.. More the reason for the NOMAD change interests me as they are there to make sure HE1 toe the line while listed on AIM.. But could be contract renewal time and it was put out to tender..
At least our auditors have not been changed, had that, auditors declined to renew, and then delayed results followed by a suspension until they were published(not He1)

The Fundraise Shares are comprised of 41,349,909 Placing Shares introduced by Cannacord Genuity, 33,957,791 ordinary shares introduced by Peterhouse Capital Limited, 23,676,300 ordinary shares introduced by Pello Capital Limited ("Pello") and 1,016,000 Subscription Shares, each at an Issue Price of 10 pence. The Fundraise Shares being issued represent approximately 20.0 per cent. of the existing issued ordinary share capital of the Company. The Issue Price represents a 14.5 percent discount to the closing mid-market price on AIM on 15 April 2021 and a 6.4 per cent. discount to the 15 day VWAP to that date.

If there is a fund raise it will offer an opportunity to top up cheaper for a period before the rise, it might offer two, now and when it happens(if)..
Since DM said they were funded it could mean an increase in prospects to drill in phase 2 which will create positive speculation, show the project is moving forward and protect the share price from a binary outcome if the first is a duster..
The more sites to drill will also increase the NAV, offering greater upside...

Have you seen the latest BB speculation from previous independent research into oil/gas traps..
Traps I believe are the same structure, and also fault bounded, the fault said to be Helium's migration path( or leak)
But I am only a BB poster, so pure speculation
https://www.flickr.com/photos/194934344@N06/51892939021/in/dateposted-public/

@Porky, RNS title ..
Appointment of Liberum as NOMAD and Joint Broker

@dixy, But now your failed trade Friday has presented you with a better opportunity..
Notice posters are pointing out the broker change, and not mentioning the NOMAD which is foremost in the RNS..
But looks like Canaccorde have moved on, but need to wait for company site to be updated to confirm

https://www.helium-one.com/aim-rule-26/

@Persiantrader, you were no1 ramper last year...

NOMAD was Beaumont Cornish, now Liberum.
RNS no longer includes Canaccord this time as Latorre points out, .

Since BC seems to offer the services of a broker does have me wondering?..

Dementia, I have already said that :(

They have changed their NOMAD, would you do that if you wanted a fund raise?