Member Info for Latorre1690

@JWill
Thanking you for that operational update which as you correctly say was 10 weeks ago.

The date of the update 24th May coincides with the 1-2-1 mining presentation in London also on 23-24th May.

As I said on a previous message, DM looked really positive, probably one of his best presentations I've personally seen, also announcing the rig .

I dont think there was a live link to that presentation at the time but the link on utube was added only 3 weeks ago.

Looking very positive, these type of audits do take time.

My opinion going into August has now been updated to a Strong buy.

Onwards and upwards now smelling of roses.

@dia2belts

Regarding Void your favourite, brilliant link and comparison, in stitches watching. haven't times changed. We know he's not as bad as that. lol

As far as me being a Plant. hmmmmm........... were do I go with that one!.

Onwards and upwards
Hopefully smelling of rose's.

@ JWill
Just read inthevoids reply, so I thought I'd add my take.

Banter gets you through these quieter times with no news to talk about.

Only seems like yesterday I read your first post and by what I can remember, you posted with dedicated conviction but even then, wasn't fully appreciated, hay ho that's bbs for you.
Also remember those suitcases at Heathrow airport.

Anyway I can't believe He1 are still in a similar position to then but I'm sure, not much longer.
If this was a club I guess the only qualities you need to stay in the club are, believe in He 1 , stay as positive as you can, chill and lots of patience. (oh and try and ignore the idiots, who I will not name).
If you have those qualities then we will all get through this and hopefully be in a better place sooner rather than later.

Your lucky I've never been offered a virtual pint off anyone, welcome to the club.

Onwards and upwards

@ KeithOz

Pleasure to see you back on this bb, a good post as always and its reassuring that your still with us.

Onwards and upwards

@Legalwolf

Good question, assuming they sign the rig , I'm sure orginising the permits and the crew will be running in parallel with the latter stages of signing the rig off.
He1 will be fully committed to the commencement of drilling so cant see a problem.

A step by step approach that takes time to come to fruition.

Onwards and upwards.

@inthevoid

Some of the links you post are excellent, one of my favourites is the green man dance.
Todays link and poem although completely different from the green man is 100% spot on. The wording in that poem couldn't describe where we currently all are any better....... Spot on.

Step by step .

@ dia2belts

Excellent hang gliding link, better to be in the sky than sitting on the fence because sooner or later you will get a sore bum.

Onwards and upwards.

If we applied the rules of probability to this, then August will probably be the month we get news. Going one step further could it be early August or the latter part of the month.

I have a gut feeling that news will follow within the first 10 days of August.

At this moment I won't mention a rig but what I would like to add is that if I had a spare £100k I wouldn't hesitate in buying more.

DYOR/ IMHO

Onwards and upwards.

Sorry forgot to mention, as you say you are considering reducing your holding before the end of the week.
Monday is the 1st August and you never know could be the day of news. Just saying, but good luck on your final decision.

Onwards and upwards

@ gogsthelogs
Totally understand your frustration and the constant grind, but the 5 points you pointed out are readily available, as I recently found out. We also know that DM and MW went to University in Southampton. I think the registered office is where MW also lives.
If your really suspicious of Midak as a company give Daniella Doran a ring at their office and put the questions to her.

Onwards and upwards.

When Dia was turning the stones over ( on the beach) in the quest for news he came across a lonely muscle.
The rest is history.

Step by step.

@sharesaplenty
@ No1plasterer

Totally agree with both your sentiments, may I also add that Dia leaves no stone unturned in his quest for news but sometimes he needs a spoon for stirring the pot.

Onwards and upwards.

@TallPaulNY

IHi, can't get the link from my mobile, but the presentation video is on utube. It was posted on 5th July.

Onwards and upwards.

@dia2belts

Regarding Midak engineering having multiple projects and only having two employees.
Most engineering companies these days contract out employees when projects dictate to keep costs to a minimum, I worked for Exxon Mobil in the UK and the majority of the engineering work is contracted out to other companies. The ratio of contracters versus company employees unfortunately has been increasing for many years and it's a win win for companies who employ less people.

Onwards and upwards.

9th- 10th May, Cape Town, 1-2-1 Mining Investment Presetation.
DM seems very nervous during presentation, no mention of rig.

23rd-24th May, London , 1-2-1 Mining Investment Presentation.
DM looks very comfortable during presentation. Mentioning the rig during presentation.
Make what you want of it.

Onwards and upwards.

Assuming they buy the rig out completely for $3m which I don't think they will at this stage, depending on the contract, then add costs associated with the 2022 drill campaign of say $2m, ongoing wages since Dec, crew, other costs etc €2m . In my estimation around €2 to 2.5m left. We all know what a tight ship they run.
Not saying the above figures are any where close to actual figures, but if so makes sence to hold out for a CR until closer to the drilling or if they are as sure as they make out, after drilling.

Onwards and upwards.

Muscles my shadow, the hypocrite, I knew you wouldn't be far away.

Let you into a secret ,Latorre has nothing to do with coffee or cream but in both Spanish and Italian means THE TOWER or THE RIG.

Onwards and upwards

Thank you for the compliment earlier, as you rightly say disguise is the correct word.

What are those other shares that you say you have that communication is better.

Dont forget that other word, respect. It gets you further in life.

Onwards and upwards

@Deano1978
Sums you up for what you are. Another Muscles in discise.

Onwards and upwards

@ Deano1978

Firstly, respect is an important word, not just to individuals but to other boards.

What a horrible post from you.

HE1 is a relatively new company to the stock market , give them a chance, on a few posts you keep repeating drill not this year. How many times are you going to say that?
You also say you have more money in other shares ( good luck) Name those other shares you say total communication on the board is better.

Please read your post again and almost every paragraph is negative not only to He1 posters but to the company as well. Sometimes in life, silence is golden.

Onwards and upwards

@dia2belts

Thanks for the reply, your opinion is always respected.

1)Water rigs, forget those for now we are going for the bigger prize.
2)Timelines forget those, they will come out when ready, news soon.
3)Muscles, forget him he gloats when shares do well, eg ADV was doing well, you should know, he then slates them when they tank as he still does on a daily basis, he also does the same with ARB and HE1.

Chill with a nice pint of Butty Bach and a bit more patience with He1.

Onwards and upwards.