Member Info for Jackal5

An sp of 20p would put the mcap at around £600m. The value of the find could well be worth that if not more. However, there are a lot of in betweens from now and that type of valuation. It may not even be HE1 at that point, although you could still be holding a piece of the pie!

Sadly the dilution killed any near term chance of 20p. The antics that went on leading up to this are still very much questionable, however, it certainly looked like they were held over a barrel if they wanted to keep going.

For those who did invest higher, never has there been a better chance to get your average right down, however that still comes at risk if things don't pan out.

I think an sp of 3-4p near term is not unrealistic if news remains positive, it's still on an mcap of c£120m. Although if the news is even better than the recent update, then who knows!

If we can clear out the sellers now before Monday morning that will be good.

It doesn't matter too much now if it's been diluted to death as they seem to have found the motherlode. Currently at a £20m mcap for what is possibly a world class resource which is much in need.

If it's really as good as it seems then all bets are off, you could be talking a £1bn resource. However lots of in betweens of course. It feels like anyone buying now won't go far wrong in the short to mid term.

AIM shares can turn very quickly even when all looks lost.

We don't really know what's going on in terms of the funding and it could yet surprise us.

The volume has not been particularly high which suggests it's been the regular shareholder selling from fear of complete loss and dragging the price down even further.

It's not nice to see the decimation of the share price but I feel there are still a number of scenarios that could play out that could see a turnaround.

I'm sorry Joe but if someone has lost money here they could not afford to, they should not be investing in any AIM company.

This was always speculative and it's not done yet.

People investing in a company that has an mcap of £xxm that actually has no real material value, should give people something to think about, before they plough money in they can't afford to lose.

This may sound harsh but that's the reality of AIM. It's the casino of the stock market.

I think people need to refocus on moving forward. If not invested then leave the board. If they are then consider what options you have available to you. If you honestly think this is done, then sell, as surely that's better than nothing?!

Constant posts on a bb about how disgruntled shareholders are has never resulted in anything meaningful. It's not productive.

People seem to forget that AIM is primarily a vehicle for small cap companies to raise capital.

Did everyone on this board expect this company to just suddenly have a profitable business overnight?!

It was always going to be risky and speculative. If they get it right there is massive upside to which generally why people invest in AIM companies.

To get this placing away at the current sp is actually quite impressive in the current market. Although I suspect it was done maybe when the price was slightly higher, bit still it's not too bad.

They are still joining the dots together, you either accept that or find another AIM gamble.

It was 4p when it rto to he1, got to 26p at one point a couple of years back. Was great.

How bitter some have become on here. AIM is a gamble, shares go up and down.

If time on AIM has taught me anything is expect the unexpected. Don't get emotionally attached.

The prospect for HE1 is still intact, whether it's them that continue or hand it over. Plenty of opportunity still here.

Don't forget this was NCT and MYN before, both turned out to be dogs. It came back and did well as HE1 for a while. Don't write it off just yet!

They certainly don't seem like they're hanging around.

They want to get on it as soon as possible.

They know what's there it's just finding that sweet spot.

They've got everyone working around the clock to make this happen.

I believe they will achieve their aims.

Anyone with no knowledge of HE1 is likely to see things very different than those already invested.

It's clear many here are jaded having gone through the recent rollercoaster and the longer term waiting.

A pair of fresh eyes seeing a further drill is on the horizon, using data from Tai and then a return to Tai to complete will actually look quite an attractive short term opportunity.

Important to take a step back sometimes and re-evaluate what you would do if you were looking at a share for the first time.

Anyone with no knowledge of HE1 is likely to see things very different than those already invested.

It's clear many here are jaded having gone through the recent rollercoaster and the longer term waiting.

A pair of fresh eyes seeing a further drill is on the horizon, using data from Tai and then a return to Tai to complete will actually look quite an attractive short term opportunity.

Important to take a step back sometimes and re-evaluate what you would do if you were looking at a share for the first time.

Great and interesting post Skittish.

The drop today is usually something like an oil company finding a duster. This is not what's happened here.

The results were good but things looked better further down the well, but they simply could not get to it with the tools they have. Lorna confirmed in the interview they will get the tools to go further. They will return as it has significant potential.

So we're still going for two drills, one that has good results already with more to come and the other known to have significant helium plays.

Funding may detail the sp further depending on timing but this is far from done and still holds massive upside.

Way overdone today when you really digest the information, but the market is what it is sadly.

Completely agree, think the prospect itself is as good as ever from hearing Lorna. It's a shame that it's temporarily coming at a cost to shareholders, but time will tell as we move forward to the next drill.

How low all the naysayers are hoping for before they buy!!

This is an exploration company. It's a bit like AIM, a bit of a gamble and the unknown!

They've done incredibly well so far, although the market won't reflect this as all they want is results at every turn!

It strikes me Lorna won't sit still for a minute and this is shown how this drill has been conducted and how they've cracked on, even with issues.

The next bit of news is likely to be positive, rig fixed, next drill, further understanding of results so far.

Good things still yet to come.

Drills breakdown, it's part and parcel. The team know what they are doing. Temporary delay on results. Opportunity for top up.

Only on AIM can a company lose 20% of it's value on a slight delay when none of the fundamentals have changed!

Next news should be parts sourced or rig fixed, so up we go again then some inkling of helium shows and so on. Just be patient.

We know the helium is there, it's just whether it's commercially viable.

I think the 4 weeks from spud to some results threw this. I feel many were expecting a lot shorter turnaround based on last time. It all went a bit wrong last time and lessons have been learnt. HE1 are on this it's just the market doesn't like to wait so they sell.

It becomes a spiral as the first to sell doesn't lose much but it continues as the fear increases and more sell.

Of course as we get closer to results we will go up again or we get some interim positive news and we go up. The danger is we get negative news unexpectedly and we drop further.

However, you feel whatever the outcome here something will be taken from it into the next drill, so the risk at this level is lowered.

The market often does the opposite of what is expected as we've seen here. Once real buying starts again it will rise fast, mostly likely when no one expects it.