Member Info for dai2belts

@ryl17, I don't learn unless I have cash either but your in the wild west here,
ADV had a drill that was unimaginable to be a failure, it failed big style, some people lost tens of thousands..
He1, last year the interview just days before result was so rampy it felt like a given, thats part why people bought so high, but it failed..
SYME, thats a real story, promises that are still promises, posters that still pump those promises to newbies..

So protect your money because once its gone, its gone..
The more you believe the harder it is to do..
But if you dont go for it at times, you miss the big ones, but there are other opportunities..
Fingers crossed here though....

I say 9p, its just a number, not a prediction of a low..

I am not very experienced, you need some luck and good timing or getting in early..
Troajan has been around for a long time, so either has a money tree or knows what he is doing..

He1 is speculative, if drilling takes place, and there is no gas, the price will fall real fast, getting a quote from barclays before the bottom will be lucky, even then it may time out and not complete..then your at the bottom waiting for the bounce.. Often traders turn up for the bounce, the update will be positive even if its a failure... be up early checking for RNS close to results, don't rely on LSE to publish the RNS, check elsewhere..

This is how He1 announced no discovery..
"Helium One (AIM: HE1) is pleased to announces the completion of its 2021 exploration drilling campaign with significant new data to move rapidly to Phase 2 exploration work at its 100% owned Rukwa Project in Tanzania."
The last point of the highlights
"· Tai-2, although completed without identifying helium gas, has provided valuable information on shallow trap and seal potential "

Consider a de-risking strategy, for a simple example, buy at 9p twice what you want to hold for the result, aim to sell 1/2 at 18p to return your investment. If 18p comes easy hold for more selling 1/2 and take some profit.. Be flexible maybe you will need to sell more to return your investment, maybe you will want to risk some of your cash, maybe take all of your profit rather than going for gold.. I have risked my profit, and its been lost...so nothing much too show so far..

@ryl17" Warrants, the last warrants RNS was likely a payment to an ATTIS warrant holder, ATTIS being the company He1 acquired in order to list on AIM, maybe He1 shares for his ATTIS shares.. Expiry date is due so just cashing in.."

Might not be totally correct saying its a payment as He1 also received cash equal to shares x strike price..
Need an accountant to explain the details, one should appear soon, maybe BigPlan will be back...

@ryl17, Warrants, the last warrants RNS was likely a payment to an ATTIS warrant holder, ATTIS being the company He1 acquired in order to list on AIM, maybe He1 shares for his ATTIS shares.. Expiry date is due so just cashing in..

Warrants in return for finance, issuing large amounts of shares that represent a significant percentage of shares outstanding can significantly dilute the shares and negatively affect the share price...

@ryl17, but dont take what I say 100%, check it out yourself, but its close enough,...
How new are you to trading?

@ryl17. Price monitoring, if you look at the times for the price monitoring RNS each day they are at, 9am,11am,2pm,16:35...
These are 4 auction periods where placed orders are matched between buyers and sellers, a trading process different to the live automated orders most of make with that 15 second time limit.. sometimes you are offered a chance to place an order when a quote to trade is not available. Others have brokers that allow trading through these auctions.. The extension is to ensure prices paid in that auction are within limits associated to the automated prices around those times...

"price monitoring extension is activated when the matching process would have otherwise resulted in an execution price that is a pre-determined percentage above or below the price of the most recent automated execution today."

@Noob, you just reminded me I have some bonds expiry soon, need to cash them..and they expired 2-3 days earlier than usual..

looks like British Warrants can be exercised up to the expiration date too, some expiring end of the month have already been listed

The recent warrants are from back when He1 listed/RTO, and close to the share issue price at that time, small amounts, some nearing expiry date...

if there was a new raise, large quantities, then that could affect the price, especially if at a discount..

I remember watching a video with an investing tycoon, mining mainly and he talked about warrants being given as a freebie(kind of) on top of what he was getting in return for his investment.. So if the company was successful :)

I am not sure I do My take on what I think I know.. I think of them as a cheque for shares, a form of payment for services, loan, probably more..
Say two batches of warrants could be issued at a strike price of say 5p and 10p, until they reach those prices they can not be exercised and converted to shares. They often come with expiry dates, so if the price is not reached they expire, I suppose thats performance related, and/or could be a time limit funding will be available if thats the aim of the warrant.
Thinking about that, the warrants could be issued in agreement for cash to fund a company as it grows, so if the company reaches 5p within a set period the funder agrees to warrants for 100 shares at a discount of 50p, so £4.50p, the discount being the payment for funding plus what they make selling the shares.. whatever is agreed...
As these are warrants exercised by ATTIS people I assume they are related to the He1 takeover of ATTIS, and if the strike prices are slow being reached the expiry dates could be extended(maybe).. I don't know exactly what for but If you read the RNS it states that He1 received cash which looks to be the amount of shares x the strike price.. So seems to be funding for He1..payment through the new shares being x3 the strike price.. but I am pondering over saying that..
So that blurs the line for me, like those company stock options where you take the difference..
Probably lots more to warrants, and somebody here will put us straight...:)

The others may have been converted already,,

"notice to exercise warrants over a total of 100,000 Ordinary Shares (the "Warrant Shares") at a price of 2.84 pence per Share,"

Troajan, Ta
@heliumbull,
They match to Richard T(Attis)211,864 £0.0355
these are due to unless the expiry date has been extended
43,697 £0.2840 27/01/2022
66,207 £0.2840 27/01/2022
68,591 £0.2840 27/01/2022
Page 169
http://www.helium-one.com/wp-content/uploads/2020/11/259989-Project-Apollo-CLN-reduced-memory-Final-13.11.20.pdf

@Troajan £7m EXTRA, is that on top of Octobers cash reserve?

@noob, Thanks for bumping, it takes time to search that far back.
seeing the comments on up to 2 months to report, I am only going to look to see if any lock in periods have ended, and what price the warrants are activated at, and who's...just to get a general idea of whats to come, not sure what the benefit will be though, other than an excuse for a beer which is good enough for me :)
Now you have posted the threads, I have been reminded where to look
Not going to think up conspiracy theories, :)

Lots there Noob,

Mmm, I am no expect, but warrants I believe are a financial note until they are converted to shares.
Then those shares are added to the shares outstanding total which includes shares not available to the retail investor.
While the FF includes shares available to everyone..
But I have read up on the subject a few times, I just end up left with lots of questions

Sept 7th/21 Sharesoutstanding 615.50m Free float 487.16m
Jan 25th/22 Sharesoutstanding 615.60m Free float 505.10m

Its not a lot of difference, shares being sold, lock in periods endings, warrants being converted supplies funding for He1
I believe Treks list shows the price of the warrants, what price they must reach before being converted

Not to cause confusion..
@sdg1970, a knowledgeable poster on ADV pointed out some risks, including the seismic data for the last section of the oil drill, so !