Two updates today from Pred seems like they are now testing in Jan 2024, this has been delayed massively from plans before. The SP is down almost 16% so could be a good option to buy in? Ideally Id see a post off Keith Oz to give his take on it as they are only sand jetting certain parts of the well.
Just looking at the top fallers list and this appeared, right now you can buy around the 0.90 mark which is about a 6 month low. I think its the lack of news and realisation that they wont be doing the work over now until some point next year.
Seems to bounce between a penny and 1.25 so getting in now could give 25% profit in a reasonable time frame.
Id sit on the side for now as I think it will drop further towards Christmas...................
Oh that board sends me round the bend lol I's done well today but I cant see this staying this high for long, I suspect as we approach Christmas this will dip back down to your mark of 2.7.
Just sold just over half my HE1 shares at a 26% loss :s
I keep worrying that a placement is gonna drop and write off the shares or they wont spud until the new year now so left about a third on the table incase it turns round but not enough that it goes tits up I'm screwed.
I don't know what's gonna happen, I don't understand going for more targets when they have an alleged discovery round the corner why not get that over the line before going after further targets other than if they think its a duster and have to raise pre spud?
I sold last Tuesday when the bad news dropped, I brought on the first drop but when the pm it dropped further decided to gamble and sold 88e for less than I paid for them thinking he1 was a sure thing (lol looking back now)
I think this raise covers their partners interest in this up coming flow testing so if its successful we get 100% of what is down their but we have to pay 100% of the costs now.
Placing done today at a big discount it sines lie their partner hasn’t got the money so they gotta foot the bill themselves. Shane I’m so under water in he1 or I’d of brought some today lol I worry this dilution will really kill the sp as they have now raised 15 mil before dong a single thing!