The Times news doesn't just publish articles unless they're newsworthy and significant advancements from junior explorers from the UK.
Does anyone realise how many big city boys and international investors subscribe to The Times digital edition?
It's huge news for Helium One and its shareholders. I'm going to say 20p is still too cheap!
Helium explorer lifted by discovery
Helium One Global’s stock market value doubles on progress at its Rukwa project in southwestern Tanzania
Helium One Global’s stock market value doubled on Monday after the gas exploration outfit announced a discovery at its Rukwa project in southwestern Tanzania.
The Aim-listed company said its Itumbula West-1 well had successfully flowed a high concentration of helium, with concentrations reaching 4.7 per cent.
“Flowing helium to surface in such high concentrations is a huge milestone for the company,” Lorna Blaisse, chief executive of Helium One, said, adding that management would focus on achieving “commerciality at the earliest opportunity”.
In addition to finding helium, the group also discovered that hydrogen flowed to the surface during testing.
Helium One, which floated on the stock market in 2020, operates three assets in Tanzania: Rukwa, Balangida and Eyasi.
Analysts at Liberum, the company’s house broker, said
The impact of a gap up on future price movements is not definitive. While it provides certain indications, several factors influence the stock's trajectory after the opening jump.
Here's how a gap up can influence future prices:
Potential bullish implications:
Increased buying pressure: A gap up often suggests strong buying interest, potentially pushing the price further up in the short term.
Momentum and trend: If the gap occurs within an uptrend, it can signal continuation of the positive momentum.
Technical analysis: In technical analysis, some traders interpret gaps as breakout signals, potentially leading to further price increases
Earl, why are you behaving like this, mate? We used to be in the same stocks before, and you were a very positive and helpful person. Please give it a break, mate. Let's all make money together. ATB
Superdry shares soar more than 100% as company considers going private
https://www.cnbc.com/2024/02/02/superdry-shares-soar-more-than-100percent-as-company-considers-going-private.html