Member Info for Kammy18

Nothing to be anxious about, and we all know what's happening from an operational perspective, timeline and events were clearly explained on the presentation. Anyone feeling anxious, in my view, is wanting real time commentary to calm their nerves.

With regards to re-risked, its not, we know there is a large reservoir down there, the 160 additional confirmed more find, therefore the elephant in the room is whether HE1 can extract it to make it commercially viable.

Its all been said and done, its now a waiting game, none of us know or can predict the final result, all indicators to date should provide some confidence.

I suspect next week anxiety for some will reach fever pitch, remember, you have to speculate to accumulate.

Risk/Reward, in my view, 75% drop if not commercial, upside is huge, place your researched and calculated bets, and all the best!

Kammy

Meant to type COVE....lol...

99treble, good point, I know someone who was in COVER, came out with a huge smile!

That's always the dilemma, do you accept and run with the first offer, or wait for counter offer, nothing to lose I guess, if no counter offer then at some point 1st offer gets completed and happy days.

Kammy

Amee, No JV/Buyout will be announced with results. I have no doubt LB and the BoD have discussed plans, plans and scenarios if EWT returns exceptional results. SP will re-rate if the results are exceptional, but, there is a but, true value will kick in once the market sees numbers, NAV, and more importantly how HE1 plan to monetise the resource, thru standalone production, JV. Both options get blown out of water if a buyer comes along.

Lets assume there is a takeover offer at 20p, SP will hit the 18p ish mark, we retail investors can either sell up, or wait for completion of the takeover and at some point funds will hit our trading/ISA accounts.

ATB

Kammy

Wolverine007, you're totally right. Having said that, lets assume some peep bought under a penny post the last placing, lets say 0.7, and lets say they bought 6m share, therefore initial investment of £42k. At today sp, investment be worth £84k.

For some, it would make sense to sell half, safeguard their capital and be on a free ride.

We're all different when it comes to risk/reward, people must do whats best for them.

Personally I'm holding firm

ATB

Kammy

Clumpet, I agree, HE1 have done and completed so much in parallel as opposed to sequential, they know what's down there, and they are very confident of extracting it.

It a case of proving size and flow = Jackpot (fingers crossed)

Pessimistic.... if not commercial, lets assume 1.5p SP time of announcement, expect 75% hit, resulting SP below half a pence, or even less.

Its all about risk vs reward

Kammy

I think someone kindly calculated for every 1 bcf, it equates to £500m, numbers are in the public domain, NAV value is mouth watering..... Like I said, just need the planets to align for us!

NCYT was completely different, once in a generation black swan event, government threw unlimited cash towards any company that offered detection with high degree of certainty. NCYT was fortunate enough to be there, right time, right place, and had the infrastructure, labs, know how and resources in place, COVID, government money simply propelled them onto a different level. Don't forget NCYT had a short lifespan, I think SP at one point touched £12, its now around 59p.

One possible way HE1 could match the heights of NCYT is if all goes well, we hit the motherload and EWT results are above and beyond expectations and propel the SP to say 40p? That would give us a M/C of just over £2b, its possible but we need stars and planets to align for us.

ATB

Kammy

PubCrawl, totally agree. Drilling milestone - ticked :-)

The big one....we can't do anything but sit and wait, lets hope for above expectations from EWT!!!!

Kammy

In the ariticle, LB is referred to as 'He'...... these journalist can't even get the basics right..lol

Good morning,

Seen it endless times, we will now remain in a holding pattern between x and y range, fully controlled by the markets. SP will only break free from shackles (up or down)

1. Release of positive EWT results

2. Leak on the on-going operations

I know I'm stating the bleeding obvious, it is where we are now, in a way this is how the markets lock in investors. Those who bought above 1.2p probably thinking stay put until the results, or bail out with 20% or thereabout.

We've all done our DD/research, based on that we've made the right decision to invest, the outcome (results) are out of our control, lets hope they favour the brave investors.

ATB

Kammy

Hamsters18, that's a good point, more so if the results are positive, then every chance of results getting released when obtained, certainly light a fire under the SP.

ATB

Kammy

Espen35, sorry, this opening line of yours reads more factual as opposed to opinion, do you not agree?

"Really looking forward to 23rd August which could be the last Friday before news"

i see tosspot glg2 is about to plague this bb.

apparently he recently invested £25k in eua, but ****s of the company 24/7 and likes to see it unfold!

circus left the town, glg2 hanging around like a bad stink!

Pls stop posting predictions as fact, they're misleading and do no favours.

Yes, we all have access to the timeline in the presentation, as with any project timelines are fluid and can and do need adjusting. Maybe operations are on track and schedule, or perhaps ahead or behind schedule, we simply don't know, so once again please stop the predictions and self imposed deadlines.

ATB

Kammy

GecklovesEUA, I've made no predictions (good or bad) about EUA, no doubt events will unfold at some point, I have no idea.

I'm not into predictions, but I can say with certainty that you're dim and stupid, if you've been here 6 years, you've missed on 10 bagger at least!

You on the other hand sat on your ass and makes all sorts, give your head a good shake, go out and soak in the rays.

Kammy

You want rewrite that in English?

English lessons all around for thickhead gecko

I did no such thing, but if it helps you sleep at night so be it.

I sold 75% of my holding late 2020 and early 2021, no foresight, no crystal ball, needed funds for house move.

You can decide which group I belong to.