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Noobs
He disappeared stating he had family issues .
ITV
Has not posted for ages - his son posted on his behalf due to ill health if I remember rightly .
Dai - I’m 60 this year - He1 was my early retirement plan - f*cked up there good & proper - perhaps DM can still be my shining knight in armour ! 😂
I must admit that I am lured towards opening a stake in Hex - a CEO with skin in the game - fully funded - a clear plan & the king of rampers DM .
It all seems too good to be true - been caught twice before thinking that - that is my problem - would it be 3rd time lucky ?
Dai
No one else in the frame at the moment but you never know - International Paper are a massive company in America - possibly someone from Asia might be interested.
My profit was in 4 figures so happy for once - with over 20 years of service I am hoping for redundancies! Lol
Horult
I work for DS Smith & sold out a few days ago for top dollar . For once in my life I timed it perfectly- anticipated exactly what has happened. I wish I could say the same for my other dealings in the past !
Not nonsense at all - market is where it is today because there might still be a counter offer from Mondi. If Mondi drop out you will see the sp tracking the IP sp which at the moment means the sp & the offer would be around the £3.71 mark . Do you not understand the RNS ?
Listing in London would appear to be a good decision by HEX - I can see them poaching many investors from He1 who know DM spins a good yarn & know there is money to be made leading up to spud . This Bo Spears geezer also has put his hands in his pockets . They seem everything that He1 is not - mainly fully funded & cheap available rigs & services .
IMO this mornings RNS & subsequent tweets were only released because of the excitement surrounding the IPO of HEX . They felt they had to put something out there to keep investors happy . The share prices of both companies would indicate that it has not worked . I can see people moving their cash over to HEX from HE1 as they appear fully funded & seem to have a clear plan ahead .
I also noted that Trek has invested there .
Added HEX to my watchlist on HL - 10p starting point
Https://www.londonstockexchange.com/news-article/market-news/schedule-one-update-helix-exploration-plc/16407414
Latest update
See ceo will put his hand in his pocket - 10 m shares at admission
Dai
Read somewhere that there will be no new geological work being done - will be straight into drilling program . You’ve got to admire DM - he’s got some balls . Production within 12 months - must be a no brainer ! 😂
This reminds me of ADV - another no brainer ! - relying on ancient out of date geological data .
Might be worth taking a punt though ?
This is why a lot of the LTH do not trust the BOD . The garden seems rosy but things are not always as they seem .
Skittish has been right before & I’ve no doubt that he is right here as well .
GLA
That last RNS was written in self preservation mode - don’t believe a word of it .
Like legal - I am expecting a Noble style RNS Monday saying exciting times but need to wait for more tests to confirm- more questions than answers- like usual .
Will buy them more time to sort placing out .
Of course we may be wrong & it’s a gusher - more luck than judgement! lol
I’ll wait for results now - may dabble may not .
GLA
I have sold up - massive loss I know - but am 7 times what I was a week ago - I can only see this going down by the end of the day for obvious reasons . Could not risk the impending RNS .
GLA