Member Info for Glib

Everyone is entitled to their own opinion and is free to express it. Some may not like what is said, but that is why there is a filter feature if you think they are just spouting rubbish.

Suey77 is not deramping - just stating fact. The £6M will pay for the exploration drills on 3 sites. If none of these drills result in production levels then more funds may need to be raised. If one, or more, of the drills result in production level results then the SP will rise even before the actual levels are properly delineated. But they may need money for testing etc. Hopefully they will offer their wonderful shareholders a reduced price for the placing based on their holding.

It would be great to see a milestone plan from the board but as they have only been listed for one working day (with many brokers not yet even listing them for trading), I guess I can wait a little. DYOR & GLA.

@Joshholdforgold

1) unknown. Someone posted on the AOGL board that placing shares could not be traded for 12 months. Someone else said that some placee's had already sold. I haven't read anything from the company about this.

2) The placing was under AOGL. 236 AOGL shares for 1 HE1 share. Equivalent placing price was 2.84p.

3) I am not aware of any institutions taking part in the placing. If they did, their holding is not large enough to require disclosure.

I believe there should be around 497M shares and the valuation at 2.84 was £14.1M

Not true.
There are some stcks that fall to the placing price, some have a slight dip - and there are others that do placing above their SP. The price often follows that up, but sometimes stops just below.

Some chunky buys went in during the first hour.
Hope that is a sign of things to come once the market can access this.

Still not available on iweb.
If people were getting out and taking profit, I would have expected alot more transactions.

SP dipping hopefully in part due to inactivity

Most are on the HE1 board. GLA

There was a time when I thought AUM was too much of a Casino and decided to pay commission on for a better thought of share. Made no difference Anyone remember Afren?

The money I want least exposed to risk goes into Trusts and funds. Spread risk around different industries and geographical locations.

That said, I am excited about this share. So much potential that it's almost tangible. Big day tomorrow - you better get your rest or your nerves won't last.

Nope, just you.
The medication has kicked in now, so i'm fine...

I'm sure we'll have a rejuvenating and restful night's sleep.
Wait until you hear the screeches of those whose brokers are slow to either convert the shares or add HE1 to their system.

Hi Helpful. Long time no type.

I hope you were able to get some cheap shares here and limit any historic damage.

No problem. Hope not too many of your shares do that. GL

You didn't just say the SP was falling did you?
" Down it goes @11.20!!! "

The share is suspended!!!
There is no trading taking place at all.

There are unknowns here which is why the SP is pence rather than pounds.
But there are some things that are known - like the basics.

Just did the math on mine and if I hadn't bought when we became a cash shell and after the Helium deal was announced, I would need the SP to be 252.5 :-O

Fingers crossed eh? lol

I believe the ticker will be HE1. I think that was on one of the rns'.
Estimated SP 6.02p

I just noticed the 2 trades today and thought I had missed something.

As a long time investor in AOGL, I am not used to all this excitement, positivity and the SP moving up. I still have vivid recollections of those 3 placings that took place in around a 6 week period. Breakeven for me is around 15p now, but I really like the look of HE1. I may de-risk a little over 20p, but I think i'll be around a while longer.

Northcote, Mayan, AOGL... hopefully HE1 is the last iteration.
Unless we get bought out and make a tonne of money - I wouldn't complain about that. Here's hoping for a prosperous next year.

Have there been any articles or anything in the papers about the new listing? I haven't seen anything other than the Proactive stuff.

One of the presentations mentioned that any cost for Infrastructure would come from loans rather than placings. If we need a plant built, that will only happen once the resource is proven. That itself will have a huge impact on the SP and Valuation. The plant is also cheaper as we only need to remove nitrogen, rather than extracting the Helium from gas and crude oil.

Not sure how long before production will take place, but as Helium has been escaping since the 50's and still going, I will be happy to wait if they can prove the site.

I shouldn't have, but put a bit more in - just to round up for the full amount of shares (after dividing by 236)
Fingers crossed for a flier, but even then, happy tp wait 6 months and see what the market makes of this in the meantime.
GLA

Looks like that is what it is saying.
Hopefully it opens around that price and the market feels more comfortable investing in a penny share rather than the current sub-penny price.

You have paper bag? So lush!

That is up for a bit of speculation. Below is my understanding but please check for yourself.

25th is EGM to vote for AOGL to become HE1
1st Dec - end of business is when AOGL shares get converted to HE1 shares.
3rd AOGL ceases to exist
4th HE1 should come to the market

We don't know however if the shares will be suspended.

I haven't seen anything mentioning an actual date or even confirmation that we will be suspended. I would suspect that we would be though, so made sure I had my shares bought before the EGM.