Member Info for deepbluediver

ah, that makes a lot of sense. thanks Wyn (as always).

there was a great deal of discussion about strategy on this board, it was during pre drill period if i recall (literally a few days before drill i think), and the usual LTH's and those who have been dabbling in shares for sometime were quite active sharing their views - i enjoyed reading that discussion and learnt a lot. If i recall, mostly it depends on your personal situation, appetite to risk etc etc. It ranged from hold the lot, top slice over time, to derisk for free carry, and all sorts if i recall although a few suggestions were liked more than others. If you have time, why dont you trawl the BB or the click or the name of usual suspects on their postings.

My first post here although have a stake since May.
There shouldn't be any ambiguity on the continuous need for vaccines (top up jabs, new vaccine upgrades - preventative or reduction in severity). hand in hand, there is also no ambiguity of the need for therapeutics to cure patients (reactive rather than preventative)- several products are in the pipelines across different companies, some at phase 2 (eg SpectrumX, to be listed) and phase 3 (eg Synairgen), both based on using nebulisers.

i gave up, even at 250,000 share (buy) i got a quote at 3.81p when spread is between 3.39 (sell) -3.7p (buy).

oddly, when i reduced buy volume, got offered at 3.7p. (bought it). Why is it when I asked for a quote at high volumes (1,000,000 shares) the quote offered is higher than say, at 50,000 or 100,000 shares? anyone knows?

Range, 3.39 - 3.7 (sell - Buy) at the moment.
i am trying to top up but got offered higher prices than the spread (3.89p)! mad. MM's , wake up please.

yea, big jump suddenly... hm... good,

Johnny
sincerely, enjoy the banked profits (200% margin is not to be sniffed at!) and great to have you with us on the journey till now. Maybe we will see you again on this BB, maybe not. maybe another share that will rocket to the moon.

ST
I thought the same - 21.15p when he posted his short position this am. Lets see how big his balls are now, especially after that tweet today....

yup, thanks for that ... bought quite a lot over a few tranche today but prices keep coming back. odd, its like I bought chunk, then the MM's goes " oh here is a bit more discount, a pence or 2 for your next buy mate, fancy some more?" 5 rounds i did this. mad.
but the spread!!! madness.

shame, IG wouldnt let me go long - "Closing Deals Only, IG is not accepting trades on this market... blah blah". tried 100,000 1,000,000 and 5,000,000 shares, nada. lucky Pantz.

so tempted to take a long position against the shorts :)

Same here, in and out a few times, since IPO. Out recently during the peak as i needed some cash elsewhere, but just bought back in this morning.
Great company, great products. Shame its on AIM, hopefully not for long.

Same here. Not quite hit my target share volume yet but getting there... good current price. Topped up this am.

i am starting to appreciate the fact posters / investors who have never drilled are feeling a bit worried - is there another drill issue? what's happening.? etc... then you have a poster saying its rare to see drill pipe break - yes, North Sea folks, GoM, Siberia to name a few - might not see that a lot since there is a lot of holes drilled therefore "well control" is good - eg you can estimate better whats down there therefore plan better.
Here, in Rukwa, the number of historical wells drilled is very very low and these happened a long time ago. Add to that we only have 2D seismic at the moment therefore in combination, very little information can be gained on what's "underground" - what will they hit when they drill so expect surprises. very little well control. there will be surprises like any new basin will little data. Holbrook is not far off (DME's) although a bit more holes drilled there historically so better well control / data at hand from tying wells to seismic data.
Look, simpler job like light workover can get delayed by weeks even here in the North Sea but its ok so long as there is solid contingency planning to address issues. the drill bit will get to TD without a doubt and if there is a discovery, wireline will be run (single run? double run? I dont know since no programs shared) then a few days to churn the data and analysed it before announcing.
its nothing to do with Mitchell being numpties of HE1 geo's being not that great. they've got track record. Its what you can know and what you have to address as and when it comes, all limited by data at hand.

morning Dai
valuation is a domain on its own. there are many ways to cut it and argue.
from a technical (engineering) valuation basis, its all about risking the NAV and the argument is about what level of risking you apply at the different stages of project maturity. where we are at here is pre appraisal, funded. sp just before drilling?

Now without having to start an essay on valuation, most of the above becomes moot once the market answers this question - in this case, the capital raise done at 2.6p is what the market feels is fair value at the point of capital raise. Therefore my view the base sp is 2.6p and target sp ranges from 8-13p. Sentiment will drive the sp from wherever it is now / 2.6p towards target sp as we get closer to appraisal. where will it land just before drilling? i dont know but safe to assume it will higher than 2.6p but lower than 13p. my bet is around 6-9p. (It will be largely sentiment driven).

Please DYOR and dont listen to me.

wonderful, we are probably 5-10% below fair market value at the moment (in my view) so the drilling work.

yup, £5 target - same as mine, I mentioned this in an older post here, and hoping to see this by Xmas.

Very helpful, thanks for the link SP.

With the market on notice, there will be buying opportunities but none better than HE1. why?

1. we are below sp target at the start of drill.
2. we have 4 targets - not even 1 have been completed yet. the sp could rise to £1.30 at completion.
3. bubbles and increasing He concentration - and bubbles again,. those He gas are down there. No bubbles with no He.
4. the basin has been derisked.
5. Can you find another 5 bagger on valuation alone (forget sentiment) by end of the year?

general market is really dropping now . Time to shut the app and pour a beer in the garden. Come on HE1!!!!!!!! Show us the discovery (and money!!!!)