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It takes a lot to say this .....
but i too am a gambler and not and investor.
You make a very good point redbeardoil2.
I want to give my family the best in life like most, i know nothing much about investing and just follow these forums with the hope of finding knowledgeable people like you olderwiser and redbeardoil2 who can make a case for me parting with my money or not.
I honestly think most people are like me, especially the rampers with one sentence analysis of whats going on.
Thats why i appreciate posters like those who give a good analysis be it pro or against.
Sadly the only worthy, detailed, analytical posts thus far have been those against 88e energy
Those in favour of 88e have been rampy, baseless, dreamy and aspirational.
No one wants to lose money, we all want to make money - play fair
So petty, name calling and taunting people.
Olderwiser is simply giving his opinion which he is backing up with sound, detailed and extensive justification.
The ramping crew cannot tolerate it when someone who is negative and well versed in the mining subject gives them a lesson as to why this may be a dud and resort to this pathetic behavior.
If you are going to counter olderwiser please do so with knowledge and facts.
Taunting and calling people names is making those sitting on the fence less likely to invest as people deem them to be charlestons and lacking knowledge of there investment with 88e.
Positive or negative if you can support it with valid, detail and factual points they are most welcomes.
Ramping monkeys without anything valid to add - go home.
Total and utter respect for olderwiser.
His post so far have been the more comprehensive and detailed thus far.
Yes, he is not promoting 88e, but his objections and reasoning is backed up by a sound argument full of facts, stats and numbers. This is excellent stuff.
I am pro 88e and i would like them to do well. but i am not a miner and no nothing about the recent rise and discovery etc. yes admittedly i am a bit of a sheep and following what i 'think' may reap rewards.
Most of the gormless rampers are promoting 88e without any sort of evidence of detailed information, simply saying this week will sky rocket, and 4p nby friday etc is simply stupid. - might as well give me next weeks lotto numbers if you are that good at predicting.
Olderwiser may not be promoting 88e but i cant find a single flaw in his arguments against so far. He has given a brilliant and detailed account as to why its unlikely to deliver anything positive over next few weeks.
I suggest if you ramping or promoting 88e you fight fire with fire. counter the argument with good, detailed facts -
else just shut your mouth - thikkos
OlderWiser
Has made some brilliant, worthwhile and sound comments. His comments have been filled with good interpretation, analysis and statistics.
The majority of people here have given one line baseless comments and attached their prospects with 88e based upon a dopamine fix with the share price going up.
I am invested to the tune of £2000 and im only trading it till the results day. I think most of the clever folk will make there money up until then.
After the next results it really is stark and binary, it will be a complete win or a complete loss for most folks.
Olderwiser
How refreshing your posts truly are. Thank you for some magnificent posts, they have been a real eye opener. Your knowledge on mining is astounding.
Please pay respect to this guy, he knows what he is taking about.
I'm thinking of investing £10000 of my hard earned, minumum wage based savings. Any mining company you could recommend which is a safe bet?
Lovely, empty words from ceo Lorna.
Librium are nothing less than vultures. I mean how can they make such a prediction based on practically nothing?
Lorna has revealed nothing, words are meaningless and hollow.
The numbers do the talking and helium words do everything but numbers.
We know nothing more than we knew a few weeks ago
Holding off this is a dangerous share
This will falter and may fail.
We need Lorna to stop feeding us rubbish words and start crunching some numbers
RNS needed with max and min numbers on what we have permeability, flow rate, size of discovery etc.
Please management own some more stock. Grow some balls.
Else this is doomed
Lorna
Thick she needs to be more clear on things. Her opinion and positions on most thing is vague (totally agree).
When a CEO is not forthcoming and evasive with numbers and just spouts out words for description it's a red flag.
The last RNS where 0.5 mmscfd was declared sank helium one and the share price tumbled.
The following date an upate with Lorna was somber at best and she looked visibly dissappointed at the produced result. the share price tumbled further.
.
.
.
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Between last week and now. NOTHING ELSE has been released by helium one. No update, no
RNS no nothing and the share price went from 1.14p to almost 1.6p yesterday.
take a step back and think - why?!
Now im playing this the safer way:
1) waiting for the helium one RNS which will hopefully declare eventually facts, stats and numbers
2) waiting for noble ones results and RNS (we all know they are approx 2 months ahead of us, if they declare a dud - probabilty is ours will be too - being in such close proximity) - if they declare a sensation then rush and buy in.
3) wait till Q3, Lorna has already eluded that Q3 is when the next results will show from the EWT programme.
"Lorna holds over 2M shares Crypt. See RNS dated 21/12/2023."
Lorna hold 2m shares of 3.7 Billion in issue.
2,000,000 / 3,700,000,000 = 0.054% of helium one shares (diddly squat)
Thats why im not investing until a solid RNS or Helium management put there money where there mouth is.
Helium one the making of a great company.
- Managed to tank the share price from 28p at it peak to 0.185p in December
- Management own less than 1% of the shares in the company - they have little faith - why should we?
- Management have secured nearly £35m through placings, equity raises etc they had a market cap of less than £4m to show for it in Dec 2023.
- own just one rig as an asset - lol
- When heading for administration - surprise, surprise they found world class helium flowing at 4.7%
- Cash burn is at a ridiculous rate - suppose they need to fund there lifestyle careers.
- 3.7 BILLION Helium one shares in issue. (Linde, German gas giant with market cap of £67B has a mere 500m
- some investors diluted to -4000%, could have the whole planet full of helium wont get there money back.
- 0.5 mmscfd raised - absolute peanuts - more in the balloons in McDonalds across the UK.
- Lorna can give plenty of words but few numbers on what the potential is...... all very airy-fairy.
I am being sensible, waiting for an RNS which states facts, stats and numbers.
I dont buy into Noble/Helium ones video updates through unoffical channels - it has too often ended badly.
The smartest companies tend to update via offical market sensitive RNS only, those doing through unofficial channels are often trying to rope in bipolar investors.
I will invest but for me the numbers matter.
This will tumble away and fall apart over the next few weeks.
Take a step back (preferably near the egde of a cliff) and think why and earth the share price has jolted so much so today and yesterday?
Was there an RNS from Lorna/Helium one? NO NO NO!
Was the last RNS from Lorna DREADFUL? YES YES YES !!! - 0.5 mmscfd helium - truely peanuts - so much for world class!
When are we likley to find out more - Q3 as she said in the update
Noble helium yesterday gave an update, NOT a RNS.
Please folk understand updates can be full of whatever turd they want to dress it with - helium mining on the moon even.
They stand to no scrutiny as they are unaudited, unaccountable and not an RNS.
Only a good RNS with lots of facts, stats and numbers should be taken notice of - as that is official and the real thing.
Helium one has little money and 5 weeks after announcing a world class discovery of helium they recoverd less helium than is present in the mcdonalds branches in it uk branches.
They only have one rig, prone to breakdown, and lead time from parts means repairs will incur huge delays and vast amounts.
Its only a matter of time when the next dilution will occur, for it has to occur for helium ones survival and to look after the lifestyle jobs of the uninvested management of helium one.
Major issues and concerns.
waiting it out for big news (i doubt there will be any)
This is all rather a stupid move upwards based on NOTHING.
LORNA interview update last week was a car crash at best.
The RNS released last week was appalling and the market reacted quickly and correctly by dumping helium one.
Yesterday we has a verbal update, not a market RNS from neighbouring noble helium about it being world class etc
And helium one has rocketed again.
Helium one are in dire straits. They will need huge huge funding and dilution and placing will occur en masses for them to extract any sort of helium.
I want to invest as well but until Lorna starts giving numbers instead of spouting fancy words. My cash is safe with me.
I'm waiting for the next RNS from helium one. And also the next RNS from noble helium to get a guide.
This stock will tumble away till Q3 nothing structurally to support it with numbers. Just fancy wordy video updates.
Another tumble and more coming over next few days and weeks.
Absolutely nothing to support this stock whatsoever.
LORNA and her magic words can't rescue this.
We need solid concrete numbers min and max flow rate, reservoir depth and size, permeability etc
All we have is 3.7B that's the ridiculous numbers of shares in issue
And £35m, how much helium one management have pi##d away on one rig and nothing else to show.
Complete shambles of a company.
Holding off with my money until AFTER the next RNS which is fully detailed and accountable.
Helium one all words and no action this far
Lorna has many numbers regarding what is going on at Itumbula, she probably has some idea of reservoir size, permeability, flow rate etc
She chose only to release one number that is 0.5 mmscfd and this tanked the stock.
Surely if there was more good news she would have released it? - the simple truth is there probably isnt.
Base an investement of fact, what they have not what they might have.
remember this company has pi**ed away £35m worth of investments and fund raising - helium one couldnt give a flying monkeys about your dosh
Helium one current market cap £54m, shares in issue 3,715,710,763
Linde current market cap £ 67,000m, shares in issue 484,229,000
Helium one is a poor poor stock it really is. This will tank much much further this week sub 1p is quite possible for friday.
I so want to invest but Lorna and the rest of the management have been really poor, all needs to be sacked pronto.
There is absolutely no support for this stock to maintain its current share price levels.
All we know is helium of up to 4.7%, dont know flow, permeability, reservoir size etc. its an absolute farce.
We know the current finance will all be cashed out come August 2024 and another dilution will be needed to fund the project etc.
We know Lorna is a women of many words and few numbers.
I think this is the beginning of the end for helium one - i really do.
The look on Lornas face on the friday interview said it all.
I think between now and the next update (which is when they will annouce that world class helium is not commercially viable) they will max out oppurtunities to get funds, video updates, super unrealistic forecast etc.
IF anyone is thinking of investing then i think they need there heads checked out.
The current state of affairs with helium one is as follows.
Besides lots of pretty, fancy words from Lorna CEO of helium one we have had only two numbers released
1) up to 4.7% helium which caused the share price to rocket from December 2023 onwards
2) 0.5mmscfd which caused the share price to tank on Thursday
Lornas distressed interview on friday was a car crash - she revealed
- nothing is going to happen till Q3 when more data will be released.
- there will be lead times of getting equipment to site.
Between now and Nov 2024 - nothing materialistic is likely to be released.
Helium one was already in an administration state of a sort in December - before annoucing this world class helium discovery.
Helium ones share price has tanked over the years from 28p to 0.185p in December before annoucing this dscovery
Some Helium one shareholders are -4000% in the red (if Helium one had exclusitivity of all helium for next 10 years - they still wont make there money back).
Furthermore the rains will hit this area of mining soon so expect weather to impact operations.
Also, i think Lorna was not hugely impressed on friday in her video update, not so much with the market reaction but with the 0.5 mmscfd - that is literally peanuts.
She will have to force this to increase and this means more mining sites, more rig equipment etc
Helium one's £5m raised in December 2023 will be squandered by this coming August if she goes all in.
Another Dilution/placing will happen by then - no doubt about it - any shares owned will be almost worthless.
Lorna has a tendenecy to give the absolute bare minimum in all her RNS, very non-descriptive and lacks detail. compare her RNS to other helium exploring companies. RNS are market sensitive and she prefers to update more via unofficial, unaccountable channels in which she can say whatever the hell she wants.
Helium one have endlessly undertaken placings and diluutions at there own will.
They have raised in excess of £35m and had less than £4m market cap in December to show for it (in other words they had pi**ed away £30m on peanuts and nothing.
Helium one management in total own less than 1% of the company - if the company makes it big time or not they have nothing to gain, but more importantly absolutely very very litte to lose (this is a lifestyle job for them).
They have no consicene in screwing a shareholder for there hard earned cash.
My opinion is i am staying away at least for now. let the next RNS drop, see where helium one is with everything and providing it has lots of facts and stats and detail make an informed decision then..