Member Info for DickieT

Hey Pubcrawl,

Let’s get one thing straight: unlike Lorna, I’m not raking in a fortune to craft investor-friendly RNSs. My point was simple – HE1 has a track record where nearly every RNS released seems to lead to a share price drop. Not exactly what you’d call a winning streak, is it?

What I expected to see in yesterday's RNS about the farm-in agreement with Blue Star Helium (ASX: BNL) was actual substance—some hard numbers on potential revenues and the anticipated ROI. As investors, I think we deserve at least a glimpse into the possible financial upside, not vague reassurances. The RNS felt like more of the same – and after the mess with the Tanzanian mining license submission and similar conveniently “overlooked” details, it's hard not to read this as another red flag. The pattern of omitting crucial information on how commercial Rukwa might actually be doesn’t exactly inspire confidence.

And just because you've been a little off the mark with your optimistic takes almost every day, there’s no need to get snarky with investors who hold significant stakes and are airing frustrations. Some of us are just fed up with the lackluster communication from Lorna and the HE1 Board – and those are just the facts.

Cheers

Appears the MMs are driving the price down in readiness for the ML announcement which should contain details of just how Commercial this is and an idea of how production will be funded.

Don't let them!

Roger Jolly "To say the mining licence will have no impact on its own is nonsense."

Nobody said that as far as I can see. My comment was that it would not have a major impact on its own. Yes I would expect an immediate rise and then for it to fall back to probably just slightly above where we sit now.

However if it comes with a very positive FS so that we know just how commercial this looks and with communication on future funding that is not dilution then we should see a sustainable rise...but i do not expect multiples.

NewboF...what is missing is the details of just how Commercial it is and how future development will be funded. Savvy investors are not prepared to buy-in in case there is another dilution and they also need to know the potential Size of the prize.

If the size of the prize is huge then SP will rocket, but if it is accompanied by another placing it will tank. Best we can hope for is either a JV or commercially sound loan terms

I fully expect that this information will be released at the same time as the ML approval which on its own will not have a major impact on the SP.

Skippy.

I do not work in hypotheticals. As a long term investor I work with facts. I believe the FS study should have been released but if it was embargoed for any reason then all the BOD had to say was that that was the reason.

I also understand that the ML application must contain information about future funding. According to the TZ govt any ML application must include Proof of Financial Capability (Evidence of the applicant’s financial capability to undertake mining activities. This may include: Bank statements, Financial guarantees. Evidence of past investment in mining activities (if applicable).)

If this information was embargoed either for commercial reasons or as a stipulation of the TZ govt then all the BOD needed to say was that this was the reason. The fact that they did not makes me suspicious that a placement is in the offing. HE1 have history of such underhand moves so it would not surprise me.

That said, I am not a day trader and I do see a long term upside but anyone expecting a fast buck soon may be sorely disappointed

This is what I said when we got the RNS stating that the ML application was in.

The BOD, either deliberately or not, failed to quell any fears of a future dilution. They also failed, deliberately or not, to provide investors with any indication of just how "Commercial" they see this as.

It may be that this information needs to be kept from the market for now and if that is the case,then all that was needed was a message saying so. They even failed to produce this.

Without this information only a fool would invest in HE1 at the moment which does seem to be the case with MM's controlling the price floating around the 1.0p range enabling them to live off the spread.

I still think that with HE1's past record and their totally inept Commercial Director a further placement is likely but not 100% certain. My only silver lining is that, unlike the US deal where funding had to be kept secret for market sensitivity reasons, is it not the case that if the BOD have already started discussions with their mates for another placement shouldn't that information not be released as it would be market sensitive. Anyone buying today at 1.08 then finds out that the BOD were doing a placement at 0.50 would surely have a case against them...then again it is the AIM and they do what they want.

Views on this?

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02864706-6A1230363&v=fc9bdb61fe50ea61f8225e24ce041a0e155a9400

If history is anything to go on the issue of the Mining License will be accompanied by another major placement and dilution.

Hope to be proven wrong but so far I have seen nothing that would give me any confidence the other way.

Does anyone have any historical evidence of share price movements immediately post awarding of mining licences.

ChatGPT is being economical with its evidence today but says that the general pattern is upwards but, of course, it all depends on XY&Z

For all newbies here is what the Pubcrawl's previous post actually meant...

This passage uses a mix of technical stock analysis and humor to describe the current performance of Helium One's stock. Let's break it down:

Helium One’s performance: The stock is showing signs of an upcoming breakout, meaning the price may increase significantly soon.

Daily chart: This refers to the stock's price movement over the last day, and the observation suggests that the stock is close to a significant price increase ("explosive upside").

50-day moving average: This is a technical indicator that smooths out price data by creating an average price over the past 50 days. The stock price seems to be hovering near this average, which can act as support, suggesting it's less likely to fall below this level.

RSI (Relative Strength Index): The RSI measures how overbought or oversold a stock is. If it’s approaching the overbought zone, it means the stock has been rising a lot and may either continue climbing or reverse. The comparison to "flirting" implies indecision, suggesting that it’s close to entering the overbought zone but hasn’t yet.

MACD (Moving Average Convergence Divergence): This is another technical indicator that signals potential changes in momentum. If the MACD is about to cross over, it often indicates the beginning of a bullish trend (where the stock price might rise).

Volume increasing: Rising trading volume usually signals growing interest in the stock, and it often precedes big price movements. The metaphor of "whispering sweet nothings" humorously suggests that the market is building up for something significant.

"Bound to break hard out soon": The writer expects a big price movement upwards soon. They add some personal humor, comparing stock excitement to rare personal excitement, implying they believe the stock is about to surge but are cautious based on past experience.

In summary, the writer is saying that all the technical indicators (RSI, MACD, volume, and moving averages) suggest Helium One's stock might soon experience a sharp price increase, though they humorously add a note of skepticism based on personal disappointment in the past.

The time it takes for the Tanzanian government to issue a mining license after submission can vary depending on several factors, including the type of license being applied for, the completeness of the application, and the efficiency of the review process. However, as a general guide:

Primary Mining License (PML): This type of license is typically issued for small-scale mining operations and can take up to 60 days after submission, provided that all requirements are met.

Mining License (ML): For medium- to large-scale mining operations, the review process may take up to 90 days or longer, depending on the complexity of the project and the need for environmental and social impact assessments.

Special Mining License (SML): This license, which is required for larger, more significant mining projects, may take several months to be issued, as it involves a more thorough review process, including consultations, feasibility studies, and compliance with environmental regulations.

Delays may occur if there are issues with the application, such as missing documentation or environmental concerns. It is also important to note that the timeline can be affected by government processing efficiency and changes in regulatory policies.

Bots taking some profits this morning. Hang in there.

Anyone got any humble pie they could send me 😉

Chesh

And what exactly is your point. I have been correct every time. The communication from HE1 is abysmal and it hits investor confidence

Clearly there is something leaking hence sentiment is changing. It could just be a rumour of course. We will see.

It is not exactly rocketing up and still way below where it should be,

I have quite a bit of experience in Africa and it is a dead cert that the TG will leak like a sieve which will see pre-news spikes in demand

The average stock forecast for Helium One Global Ltd (HE1.L) in the next 12 months is 5.41 GBP. This price target corresponds to an upside of 500.67%.

Dated Sept 24 The range of stock forecasts for HE1.L is 5.35 - 5.57 GBP. Based on the ratings of 9 analysts, the consensus recommendation for HE1.L is Buy.

https://valueinvesting.io/HE1.L/estimates

Personally I am holding but not buying more until FS details band future funding details are known

Every day of radio silence from LB and the BoD regarding the Feasibility Study sees the market losing confidence bit by bit.

Public mining exploration companies are typically not legally obliged to publicly disclose the full results of feasibility studies. However, they are required to disclose material information that could affect an investor's decision-making under securities regulations. Feasibility studies often contain such material information, and companies are required to report key findings in a way that complies with regulations.

i do not consider what hey have issued is material enough to prompt an investors decision hence why i and many others are not buying

Here are the key factors at play:

1. Material Information

Publicly traded companies are generally obligated to disclose any material information—information that a reasonable investor would consider important when deciding to buy, sell, or hold stock. In the mining industry, the results of a feasibility study (which assess the economic viability of a project) can be considered material if they significantly affect the company's value or prospects.

2. Securities Regulations

In many jurisdictions, including the U.S., U.K., Canada, and Australia, public companies are regulated by securities laws that require the disclosure of material information. For mining companies, this can include feasibility study results if they significantly impact the company's operations or financial health. In Canada, for instance, the National Instrument 43-101 requires mining companies to disclose technical information about mineral projects, including the results of feasibility studies when they are material.

3. Market Announcements

Even if a company isn’t legally required to publish the full feasibility study, they are often required to issue a market announcement that summarizes the key points of the study, such as projected production, costs, and the financial viability of the project.

4. Voluntary Disclosure

Some companies voluntarily disclose full feasibility studies or provide detailed summaries to offer greater transparency to investors. This is often done to boost investor confidence, raise capital, or meet listing requirements on specific stock exchanges.

5. Timing and Confidentiality

There may be situations where a company chooses to delay the release of certain details for strategic reasons (e.g., ongoing negotiations or competitive sensitivity), but they must be careful not to withhold material information that would mislead investors. if this is the case for HE1 then we should be told ...not the detail, but told that a conscious decision has been taken

While public mining exploration companies may not be legally required to share the complete feasibility study with investors, they are required to disclose material information derived from it. Investors are entitled to be informed of key findings that could impact the company’s stock price or future prospects.

Folio "There has been so much drivel posted regarding the RNSs already , much down to the lack of understanding of Geology, Helium production etc - do you honestly expect the company to put the FS out for the clown brigade ."

yes, as a share holder I do expect to be told either:

1. What is in the Feasibility Study, or

2. Valid reasons as to why the do not want to release it now

The issue I, and may others have, with LB and the Board is the radio silence which lends itself to idle speculation and so called "experts" who pump this board with their unfounded drivel and also makes the market nervous.

the information we need as investors is not that it is Commercial. We need to know HOW Commercials (to the best that their estimates can advise). What is the project ROI etc etc.

I am more than happy to accept an explanation from the board explaining why it cannot be released. Not in detail but just "due to commercial sensitivities the board are unable to release the details of the FS at this stage but rest assured we will inform our investors at the appropriate time". That, or something like that, is all that is needed.