Member Info for HappyDazes

I have pre dicted 7 of the last 2 financial crisises

Once deeper EWT results are published in early Sep time HE1 have been transparent that they'll only have cash left over for running costs for a few months. Wonder how they'll raise funds to drill and test more holes next year ? Yet another dilution coming. Could have banked funds from recent dilution and used that.

They don't have any funds left after this phase is completed or very little and certainly not enough to do any drills next year. Another raise and yet more dilution is inevitable I think.

The reality is they have no idea whether it's commercially viable at the mo. The most realistic outcome is that they will need to drill some more wells next year.

Hi, such a beautiful day today that the ocean beckoned so only just watched Lorna's latest Proactive interview. The really bizarre thing is how much 50% of Blue Star has cost. Imagine if today Blue Star had bought half of HE1 for that price ? And they claim Blue Star will even have a cash revenue to draw upon. Really bizarre.

HE1 don't have enough money left for next year's plans so they'll need more money which will probably come by way of another placing around deeper EWT results.

The finance director has done such a good job for HE1 that I'm sure he'll get and deserve a nice bonus.

Sure they'll be an interview but they wont mention another raise coming around deeper EWT results. HE1 will need lots more cash to drill more wells in Q3 next year Im afraid.

Total bull sh it from an investment bank

The question you should ask is if the aquisition in Canada is so close to a commercial revenue why on earth would they sell a 50% stake to HE1 for so little ?

Spot on Crusty. The insane ramping on this board over last few weeks was the most delusional I've ever seen. Reality check.

No point in buying back in here until next Spring time as price will slip further now.

Decided to sell up yesterday and today. 350% in short space of time. Good luck to all who hold for results Cheers

Reality is there won't be any news for at least 2 weeks but hopefully this will settle back dowm at 1.5p mark. Never trust a share when the crazies start make insane price predictions on mass.

If you just bought at 1.68p that would have been crazy

Inevitable sell off and profit taking today.

Yes Joe90 has clearly missed the boat 🤣🌊

Last post is just bizarre ... do you really think thats how markets and companies act ?

Could be a leak I think. Impossible to keep everything secret with so many people invloved.

Wow this is really on the March now. Plan was to sell half now at 1.8p and profit take but thinking of leaving the whole dam lot on the table now ☀️🌊☀️