RE: Investor Webinar expectations too high.9 Jul 2024 23:37
I agree with Crusty Pete. We need to remember that this webinar was NOT initially arranged by or for HE1, but was going to be a presentation with a number of other companies, I think at least three others? Therefore, I don't think it has anything to do with JV or new announcement, because how convenient would it be that the date of the webinar organised by a third party and to which HE1 were invited, just happened to coincide with the day (Wednesday 10 July) when HE1 wanted to announce something new? That doesn't add up to me.
Yes HE1 have re-arranged it after it was cancelled, which I suppose could mean something. But equally, they might well have realised that shareholders were looking forward to a general update (how many anticipatory posts were written on here looking forward to the presentation), and so they decided to switch to a different media platform to ensure it went ahead.
I also think that false rumours are being created re JV, so that when it (inevitably) isn't mentioned tomorrow, the same people can create FUD on here. There might or might not be a positive RNS about some other aspect of the project.
But not overly fussed about RNS or not. This will rise from a bullish presentation from LB tomorrow, and/or will ultimately head into the 2s pre drilling. The basement drilling results will then put another rocket under it, before we get to the EWT. So plenty of time for it to rise as we still have circa 2 - 4 weeks until drilling starts. All imo and GLA