Member Info for Kammy18

I'm not sure what the fuss is here, its all about risk/reward, huge reward in the offering, but risk(s) are inherent in exploring drilling.

Just got to ask yourself, based on the information, risk/reward ration "Do I feel Lucky"

On the other hand, if you want a guarantee, suggest you go to your local; Curry's and buy a washing machine. In my experiencing when the fecking thing breaks down during the warranty period you have to go thru hoops to get it repaired.

Kammy

GLG2, hmmm...seems like your squirming, loving it, simply loving it!!

You keep posting your usual drivel.......Gecko or whatever you were in previous life

Kammy

They said 'during', could be 1st day or last day of August, take a pick.

People wanted comms, we got one, albeit not the one we wanted. Having said that, audited and signed off accounts won't shift the SP, sale but nothing a sale will lift the sp, until such time its 10%'ers toy.

Not much to write until the next RNS, or around mid August onwards.

Keep bickering and posting.

Kammy

GLG2, on that note I assume we won't hear from you, thank god!!!

In my experience, it's almost near impossible to sell on bad news, you get locked out until the MM's decide open the door, by then its too late to bail. Its similar on a positive RNS, I have got luck on couple of occasions elsewhere, I managed to buy at 20% increase, and the sp went onto some 65%, it was no skill, just pure luck.

ATB

Kammy

I don't have any issue with people trading, but, its the manner they go about doing it. When they want in, they spout all kinds of negative nonsense, and when they want out, they ramp the hell out of it, not to name names, there's a few on here.

I think its perfectly OK to top slice to safeguard capital, and if the sp kicks on so be it, if the sp drop's a little then buy back in, but for the love of god stop flip flopping between super positive and ultra negative for sake of 10%.

Kammy

Red_inky, just for a moment, imagine you're invested in HE1, lets say you have ploughed in £10k. Someone come along and starts posting negative after negative, SP is going to crash and burn, funding on its way, etc etc, you get the picture, right?

Are you going to simply ignore the negativity or counter act to it?

Just remember, there are real people on here, they have invested hard earned cash to make life a little easier. I'm surprised you ask why people get angry and defend.

I've said it many times, rampers and de-rampers are equally dangerous, both are like an open book when they make statements such as this is going to do 100% by COP, or this is going to run out of cash and placing coming, both statements designed to lure people in, or designed to scare people to sell up.

Kammy

Some folks never happy or content.

Most on here were wanting a RNS, so we got one this morning, all very positive with EWT results to look forward to.

So, Sharebel pours negativity, says no conclusion whether commercial? You can't make this stuff up if you tried, the whole purpose of EWT is to establish and confirm whether commercial or not, so why not wait until the results as opposed to moaning now.

Sharebel is one of lifes 'Les Miserables'

Kammy

I'm thinking the same, combined RNS to confirm TD and hopefully additional resource, and then EWT about to start...something on those line.

One way or another we'll see an RNS

Kammy

I prefer an RNS confirming TD reached, additional resource column found, then watch the SP motor upwards.

Drilling was imminent, we all know that, personally I don't need an RNS to confirm when the drill bit hits the ground, I guess we're all different and have different needs of re-assurances.

ATB

Kammy

Peakybrum, COS on wildcat drill (oil or gas) normally around 16%, HE1 is in much better position. This is not a wildcat drill, resource is down there as confirmed by the Jan drilling, now its case of drill further to establish size of the basin, but more importantly do the EWT to establish flow rates.

In a way this reminds me of Xcite Oil, their initial drill found oil, then they did a EWT, from memory they needed about 2,300 BOPD, they hit just under 3,000, SP went from £1.20 to just over £4.10, and then all went pear shape due to mismanagement and underhand dealings.

Potential here is great, supply & demand is there, lets prove the flowrates and kick on!

Kammy

Goldwater, can't counter your first paragraph, lab report should have been released, and almost 6 months on since the find I would have expected a CPR.

To counter the above concern, they raised a fair chunk, one can only assume the investors saw enough to plough a few millions. Having said that, those investors probably forward sold, banked decent returns and probably now on free ride, who knows, all guesswork I'm afraid.

If EWT returns decent results there will be no need for a raise, LB did say they prefer the debt route.

All we can do is wait.....lets hope its worth it, for all!

Kammy

Slacker246, unfortunately exploration companies are similar to gambling, I've lost count the number of drills with huge potential but they never quite hit the sweet spot.

For HE1, that's not the case, we have discovered the resource, now its all about whether there's more down there, and whether it will flow to make the entire project commercial. LB and the team confident, recent buyers must have seen something to invest (even though they might have forward sold and now sitting risks free).

Its that old saying, you got to speculate to accumulate....in my view that's what we're all doing now, soon will find out.

ATB

Kammy

Skippysb01, I agree.

There was a time when an SP behaved like

Drill announcement - 10%

Drill/rig mobilisation - 15%

Start of drill - 20%

TD - 20%

These days markets demand results, resource confirmations and commerciality, long gone the days of mass hysteria.

ATB

Kammy

None taken, already sitting outside, mainly WFH

Kammy

Toffers posted a quote of mine from EUA on here, I knew straight away it was either out of context, or modified to suit her twisted mindset. The quote he/she referred to is dated 21st June 2024, on EUA, you don't have to, but its there for anyone to see and read.

I don't trade (tried twice and failed big time), for me its a buy and hold, or sell up and move on.

Question, do I simply ignore Toffers accusation that I'm trader and a shorter, do I ignore he/she re-posted a post of mine but modified it to suit his/her sick mind?

Sorry of the off-topic, but when someone goes out of their way to make up stuff, he/she needs bringing down a peg or two.

Kammy

TheRiflemans, how did you come to the conclusion there is a delay?

During the presentation, I don't recall a date given for start of drill,. date for start of EWT. We were told, drill is imminent subject all prep work and everything in place , to some imminent means within hours, to others imminent means days/weeks.

In my view, the delay is in peoples head, they either don't understand what was presented and told, or they choose to ignore facts and come up with their own guesstimate timelines.

Kammy

I should have guessed, its school holidays, hence the reason for childish and school play ground name calling and antics.

I throw bones all over the place during the day, stray dogs, trolls and de-rampers scavenge like feck

BacchusII, and every time the SP drops a little, the de-rampers cream their pants, and when the SP rises they don't post anything.

So please stop creaming yourselves every 5 mins and give the BB a rest, wait until there is some real news.

Kammy