Member Info for Latorre1690

@ TL2482

Welcome to the bb, as you say there will be lots of new investors joining these boards soon, in my view this company is a unique company that stands out for lots of reasons and if they can pull a discovery off this year then there will be some who sold eating humble pie.

So many negatives around these days, the clever people look through this turning these into positives.

We've learnt a lot from Tai 1 and will come out stronger.

Exciting times ahead for He1.

@dia2belts

Agree Noble do seem confident even with that extra level of 3D seismic, but they need those extra levels to get a Farmout deal through, He1 are equally confident if not more so, all the tests suggest the Helium is there, so the 2D seismic combined with all the other tests done is more than good enough to get that discovery under our belt.
Looking at the overall picture, Helium one are in a better position in my view.

Dia a very good find, with some interesting points going forward.

quoting,
NHE will work with Helium One to source and secure a suitable drilling rig for both operations in Tanzania's Rukwa Basin.
This is expected to result in significant synergies and cost savings for the benefit of both groups.
A big few weeks for NHE with farm in news due end of first quarter, also announcing the first two drilling targets by the end of the March quarter.

Looks like a very active few months not just for NHE but for He1 as well.
This will boost interest once again in He1 and confidence will return before the announcement of the rig, (already started).

DM got it wrong, discovery year wasn't to be 2022, hopefully it will be 2023 instead.

@Cocobeans

I'm glad you put that one to bed.

I agree with your sentiments and Ian Stalker should do the hounery thing and place a substantial buy , I'll led him some money if that helps, until then I'm going to bed . Wake me up when he sees the light.

@gogsthelogs.
Obviously this bb is currently hot, hopefully just like the rig as well.

@dia2belts
Hopefully the next rns, either a significant share purchase or rig notice will make us all bullish in what's around the next corner.

Mind you, I did say the same thing 12 months ago.

dia ,hope your not trying to wind me up, this subject is the only one that gets me going, if we are in a closed period regarding a rig then fair enough, but I didn't realise that we've been in a closed period for the last 18 months.

gogs, nice one, regarding that helium balloon, as long as it carries on going upwards ( and onwards) and doesn't go bang......... then we're heading in the right direction.

@gogsthelogs

I was going to ask, can we have that in writing, but I guess that is a silly question.

Interesting but didn't Lorna say she will be visiting end of February, maybe she is or should be there now.

If the directors of He1 cared for the shareholders as they say they do, and believe that a discovery is possible then they need to buy a sizable amount of shares in the company to give confidence to both shareholders and markets.

Share options for the board are a good incentive to the individual but thats all it is, they need to be more pro active and physically buy shares with their own cash to show they have confidence in the future.

From a shareholder's point of view, HE1 have been stagnant even though the company have said they've been very busy behind the scenes.

Today's RNS is the nudge that He1 have required and to get that momentum back in moving forward.

I'm more than happy with today's RNS.

Buy a house, or buy He1 with cash and wait a little longer,(and this time not options) and bingo or house as they call in bingo. He needs to do something with that $$ ....money talks.

And as Legalwolf says he will need to declare this, it could be in some way part of his severance package on wether he can trade or not or will be awarded to keep quite.

Talk about pulling some strings, now DM is out of the equation, I wonder if he is about to stock up on He1 with what he already knows?.

Firstly I'd like to say I liked DM but he let himself down with two many empty promises.

Heinsight is wonderfull, if that first drill highlighted a discovery we would certainly not be having this conversation now.

We all know that £10M in the bank will not last forever, looking at the next raise ( probably during spud , Imho) its the timing that counts, for the company, if its done correctly then this should add value, so timing is crucial.

Dia, DM has gone, are you saying Lorna is not good enough to be the CEO?.
Give her a chance.

Some investors have built their ISA investment savings to over £1m over the years, all tax free.

On another subject, this one really makes my blood boil. a bit like directors not buying shares in their company's.

As from 1st April the average energy bill in the UK is going up from £2500 to £3000 a year,
In Spain the average price of energy is 680€ a year, and Europe has an average around 700€ a year.

What was that figure again, saying that we will be better off out of the EU that was written on the side of Boris's big red campaign bus?

@dia2belts

If you got any spare cash that you don't need, dont hesitate, send it to myself so I can buy more He1.with my 23/24 Isa allowance .
lol

Generally Jan and Feb are quiter months with equities, March will probably be thw start of more trading and positivity. April will be the new Isa territory, beware though the government could be meddling with this in some way or another. I did see something saying a max of £100k in total can only be allowed in an individual ISA, obviously there is no max at the moment, if this is so I don't know how they will monitor this.

Brings us on to the rig, hopefully market timing will be good this time, season will be also good. Price holding, can't get much lower ( can it).

IMHO hoping for a March announcement on the rig ,its been a long time coming, so not much longer to wait.

Since the departure of DM, does anyone know if Mike Williams is still the drilling superintendent for He1? I assume he still is as nothing as come out from the company, but having said that he is not an employee so they don't have to disclose this.