Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Fund raise, this has really killed the sp now down to 0.16 I wounder if they will do a consolidation soon?
Good update and your correct around values, currently we have a market cap of circa 10 mil, very few companies on aim are profitable at such a low market cap.
If this well is a duster we will just dilute again, all companies do it look at 88e for example.
We got 50 bpd before so only need 100 more to get commercial so provided the geography is right I can see that figure being easily achievable. If they thought this was a diff they wouid if moved onto the second well rather than trying to correct this one.
Sac as I suspect it will take off once the rig arrives once that’s here the delays are over. Maybe we have to wait until results to get a push I’m not sure but either way if I walk away with a 20% profit I’ll take it. You can win them all but with this share I generally don’t think it will go any lower so I’m happy to sit here for another month and see how this pans out
They have a rig now but no date still, very much pushing this incredible rig and the guy running it very dm style lol
Anyone remember he1’s Randy?
Blue bay I think they have new drilling contractors in the recent presentation they kind of hinted the last lot did a bad job so have new contractors this time round.
Mattpr1 I don’t think lth really benefit on aim, your better off trading shares.
10 mil is good, it means they can focus on the recycling plant and have plenty of capital until it gets fully operational.
Getting lithium out the ground in the uk will cost a fortune so I can’t see it coming online in all honesty.
Money in shares not ideal however they can dump them over the next few months.
Yeah I remember that poster.
Anyone seen itv from he1? I remember he had health problems but always believed in the project
I don’t press’s recommend on recommend really, on this board even less as I’ll just reply back and agree with you lol
You get more recommendations than I get lol
I suspect just a deramper Scarlett, we will get them but the last rns a week back said the rig is due late April so should arrive within the next week or so. Their maybe be the odd delay but I’d expect when they release the last rns they were confident the rig would be free when they said it was.
Massive month ahead their will be those who try to deramp it but I’m fully in looking forward to see where this share goes.
I agree I’m hoping that they keep us informed during the steps ie rig releases spud started spud completed etc so we know what’s gong on. Flow rates can vary but are more accurate the longer they are tested for so hopefully it’s not rushed but I’m sure they won’t
Good find pp I’ll check them out this evening. With a market cap that low real potential for a few multibags.
Hms I disagree, they suggested the rig will be released late April and will take a 7 days to set up then it’s 14 days after then we get results so mid may Shoud know if it’s a success or not. In the interim lots of updates ie rig released, spud started, successful spud then finally flow results.
The share needs some positive news ie rig confirmed to get the share going
Here is their latest presentation which is quite informative.
https://longboatenergy.com/presentations-reports/
I’m ‘all in’ so ideally when I finally make some money I can diversify my investments for a bit of safety so I’ll research lbe as they might take off this year.
Dai/ Deep Ive just my investing style to try and buy into raises that way you know your fully funded. Too many massive discounts recently on aim (he1 for example) makes it safer to buy into companies that have cash so your not cought out in the placing. Hex hopefully will double from where it is now so you should do well their deep
Dai hopefully being early the market will forget that we brought in and allow us to make some money lol
Lbe looks good and Matd has huge upside when things a fall into place. However how long is a piece of string coukd be months or years away with Matd so a real risk….
I’d get in before the weekend you don’t want to be out this share over the weekend lol
Yeah I agree, HE1 seem to give updates but leave out key info leaving the market guessing. DM doesnt give figures just glosses over it and pumps the share so more likly to make more off HEX.
No I agree, after the last raise it could be at a massive discount in the future so im surpised more havent jumped.
I do agree with the splitting being bad, but I think HE1 will suffer the most as they have lost the trust of people but had the only Helium company on AIM card so they will loose out with competition.
Youll prob get traders who flutter between the two but id prefer to go with HEX. When HE1 does a fund raise I might jump i when its fully funded but until will avoid.