Member Info for kr1988

Oh right lol But yeah something tells me things arnt as rosy as they make it out to me.

Yeah saw that, KOD have been doing well recently, are you in or has the price notr dropped low enough yet?

Sou have just released an update, the rig that’s going to Pred has been finished with but they are holding onto the rig whilst they wait further long lead items. I suspect this will be a lengthy delay so gonna sell hopefully at 8

Yeah but at the bottom says the rig has been retained by them to fit further corrosive resistant piping so god knows how long their gonna hold onto this for!!!!

I understand that dai but they said before they hit the target so have they found now another target that’s 100 meters below? I understand the money side but you could drill another 500 meters for not alot extra so why only 100 meters

They hit the sweet spot before so why drill down further other than to admit they haven’t hit the sweet spot?

He1 has lots of interest so it’s one of these that can move very quickly over a few trading sessions so I’ll ride any positive news.

Fingers crossed they are delayed so I can jump in after it gaps down 20% in the morning lol

Maybe they are trying to drive the price down to get the whole business for cheap…

Yeah being in for results is very risky, the issue is we have seen the pump in he1, will it go up any higher now in the build up to flow testing. Its a 5 week programme to complete so I can see it dropping during the programme....

Last time it went crazy after the results so I might hold off until then as the risk will be gone and the upside will be huge.

I guess people were expecting it to be a good outcome. I dont think this could be much worse for the share holders but long term this could be a good trade as they will have loads of cash from the sale and with the SP being so low it might workout a good dividend.

I see Sarah Cope is on that list, helps businesses get money..... yes but decimates current holders......

Yeah its true, I think DM got his HEX shares at a penny each thats 20 times bagged since he brought so done very well. If I remember correctly when Ian Stalker left HE1 the SP went in decline so again him flogging his cheap shares at around the 10 pence mark if I remember correctly.

I think most of aim is currupt, its all about trading and getting lucky. Legal you got in HEX around the 10-11 pence mark so you have doubled your money, im down 10-15% here right now so you timed your purchase right. Will they get commercial helium who knows but you and the bod are ok and thats all that matters to the bod. The only time the bod care about the sp is when they raise and how long can they keep the lights on for.

Since the RNS dropped a bit late I didnt get chance to look until I got to work and saw the big drop.

I think they owe about 1.5 mil in July so this will be a big issue as the plan was to pay it off with the revenue generated from the updated wells.

If you look at the intraday chart, those buying at the bottom of the dip have doubled their money! Not bad at all

150 bpd is deemed to be commercial so right now its not going to be making monery. Its better than before but sounds like they might need to drill a new well to get to the oil but their company Rhein petrolium owes quite a bit of money so could go under leaving bce with nothing....

Yeah true they might get away With not doing one. Tbh dai most of the bod are rich already. They had huge stakes in the business at a penny a share so since then their shares have multiplied by 20 odd times. The real winners will be the bod here

Yeah maybe, but with dm I always feel you know half the story. They want to go into production next year so is the plan just to get a helium show then go out and buy the processing plants? Seems very risky unless they do these drills then go back maybe early next year to do the flow tests?

It sounds like they need to do an extended flow test that takes 30 days. I can’t workout if that’s part of this process or not.

Did they say they’re gonna do both drills in q3 or gonna start the drilling programme in q3?

I’ll try and find an interview to see what it says.

I think it’s gonna be late q3, I’ve got a feeling that if it was early they would be talking about it by saying x amount of weeks until we drill. I tgink it’s quite a while away still, I just hope he1 doesn’t pull some hi bag out the bag and pull the investors over there. Again he1 it went of 0.5 to 0.7, I fear that’s the trading opp on that one. Getting in now a real gamble which way it will go with less profits. If results are good it could go on a run like before so I’ll prob jump in then this time

I had pizza lol