Member Info for kr1988

Just got quote to buy at 8.4 and sell at 8.3 the share price has really pulled back today, hopefully its the mms filling a big order.......

True what's your take on HE1 are you invested?

Wish I went into lbe rather than he1 lol

No I think they have enough for this drill, I think they need extra money if they want to make it into a production well thsts what I gathered.

I hope it doesn’t turn out to be an 88e where the price rises a bit but not much.

I dont believe the true lth over in he1 are in profit yet most must be under water still as alot would if brought late teens early twenties. Whilst some might of averaged down I can’t believe they have got to as low as it is right now. I guess that’s part the reason for the negativity as they don’t appear to be getting back into the black until potentially after drill results so could have to leave their money invested another year min to get their money back.

Adv was terrible 95% cos champaigne on ice lol

They dropped their annual results the day before the duster that was a big sign looking back.

Dai do you remember that huge document we read about institutional investors not being who they are? Do you have a copy as I’m getting shot over in Pred lol I want to post the document where it says institutional investors Arnt what they always seem….

More money can they do that? Must be to cover the drilling of the second well.

Louis is right actually I read a article about this (not oil man Jim) and basically they sell to shady people and call them institutions to give them credibility and make people think that institutions are legit and if their buying then so should I.

Think of them as legal loan sharks…. Not all of them but some of the riskier ones out their…

It’s been an exiting day I think we are more confused than when we went into today…

The amount of money needed changes depending on the well outcome. If they want to take this to production they will prob need 30-60 million, if it’s a duster it could be alot less say 5-10 mil could even be less to drill next year.

They can’t raise 5 mil now and then go back to the market in a month and ask for more so makes sense to get results out the way then see how much they need for their next steps before getting the finance for it.

I can’t remember if it was us or noble but they talked about getting a second hand helium unit which is cheaper and quicker they even spike about the end user paying for it for access to the helium. Maybe we wil get a jv and they will pay us a sum of money plus all the equipment to take us to production so no find raise is required.

Dm said once it’s confirmed as commercial it’s easier to get money from the banks…..

Bce dropped a late rns saying they don’t know why the sp took off that will drop like a stone tomorrow

100% if they say it’s going well that’s the time to sell as after that is more than likly to go down due to bad or not as good as expected news.

Sorry can we not troll and maybe ramp he1 lol I think a few of us investing their wouid be beneficial to ramp rather than troll?

Maybe the other group is the official splinter group for 88e or bce lol

Legal i agree the board is now worried but so am

I lol i gotta decide when to get out now lol

I agree but we only had an rns two days ago. They have to put together two teams all coming from different places so its not like ill have two teams please they have to go left right and centre to pull a crew together and they may only finalise the crew a week or two before depending on peoples availability.

Dai that makes sense too, like I said do the raise whilst excitement has ben created to get maximum price.

Legal I thought that too, she says she has helium and get a nice SP then the results come and its bad she still has the money little back handed but business is business.

I hope not Louis and your usually correct you called Pred the other week.........

God I hope your not oilman jim (who I love btw) or else my investment will go to pot.

These cant be real novice investors these have to be people who are getting something out of ramping these boards, that Ria20 I've seen the name a few times before, its like Wiseoldowl on MATD and Legals buddy Coco on HE1.

I suspect the funding request will come soon after drilling ie that period when the sp is going crazy or when they say its bad news but they are going to do x amount of drilling the next year to try and get people excited.

I could be sinical......... Could they say yes we have helium but we need analysis so sent the sp crazy and get the fund raise done then declare after testing that its not commercial? Nothing is certain until the lab analysis so as long as they get helium shows their not lying......... Could generate 10-15 mil and keep them going for quite a few more years with their own rig.......

If your right and their gonna test other areas maybe they just want to prove the discovery then sell up for billions and start again on a new project?

Its one of these where news could drop tomorrow but if it doesn't the share price will tank as day traders jump out after making a few %.

Ill deffo keep an eye out on it tomorrow as it does seem something is imminent.....