I originally had a 50p target price on this but have decided to stay for long term now ... the fundamentals of this company offer quite an incredible opportunity I think for major long term growth.
Only my opinion of course but my money is on 12th Sep RNS with lots of positive news saying all is ready to drill next Spring with no fund raise needed ... the headless chickens will react badly to the delay but it will be interesting to see what this does to the share price in the short term.
it's aa bit like betting on red or black on roulette at the mo ... if they can pull everything together and still drill this year I would imagine we'd see about 14p ... if the news is postponement to next Spring then 5p .. but and it's a big but ... HE1 has been incredible with its swings over the last year and a half ... I'll be buying quite a substantial amount more if the news is bad ... win win win
Hi ... yes I think we have to admit now that a drill this year is pretty unlikely ... just too much to align IMO ... but in most exploration timescales slip and good news is that we would def be on for June 2023 ... share price will take a short term hit if that is what's announced but personally I think that will purely represent one final top up opportunity ... buy on the over reaction if this does come to pass
a) helium one regret that due to supply chain issues of parts the drilling campaign has been posted until June 2023 b) helium one are pleased to announce that the rig has past its audit and all extra parts are now in East Africa and ready to move to site to start a 2 week drilling program in Oct 2022
Well said Keith ... I've virtually stopped using this board as it's been overwhelmed by a handful of people who talk drivel (the time they have to spend on this baffles me !) ... Sep/Oct time is going to get very interesting for HE1
Hi, my average is just under where we're at now ... I'm very committed to long term hold ... but talk of 20 bagging always makes me think people are just insane guessing with nothing to back it up.
Can I have some of what you're smoking please ? Only joking ... I think this is a great long term hold but talk of 20 bagging is just a wee tad crazy !?
Hi all ... I'm always a bit doubtful that so called campers make any difference to a share price ... I occasionally throw in another share I'm excited by ... IMHO East Star resources is at perfect time to buy in enjoy your days
Thanks for answers ... interesting gamble to sell now ... with the spread you're betting on more than a 7% decline before the RNS which I think will come in Aug time ... too risky for me but I respect the gamble !
So a question ... is there anyone out there whose selling shares at this kind of level ... and if so can you explain why you'd do that at this point ... I'm genuinely interested as seems a crazy time at the mo with the rig looking like a near definite now for drilling in Oct/Nov
What a positive RNS ... I'm reasonably new investor in East Star but am loving this start ... over the next few months this could actually be one of those rare opportunities in an ever increasingly more bonkers world
Well that was the easiest few grand to make over last couple of days ... HE1 really is the share that keeps giving ... shake off the impatient buy, rinse repeat
RE: 6 weeks since operational update - problems30 Jun 2022 10:41
Blimey ... the level of worry and panic amongst some people here is insane ... chill out and wait ... they will still be drilling this Autumn and the actual drill process with this larger rig will be much much quicker than last year ... or just sell at a crazy low price ...
Hi, been an incredible couple of days ... I know they are breaking ground in Angola but anyone know any other reasons why we've had two days of such huge SP rise ? Thanks