Member Info for Legalwolf

Wyn/Blubay - on AIM, there are Rules, and then there is what actually happens. Can kicking goes on all the time on AIM! I do agree that a leak would force the hand somewhat though. All imo and dyor

Blubay - there is also the question of when they will want to release those results? This itself might depend on what the results are, but can we assume, or be sure, that they will definitely release them on receipt, or might they decide to wait for the second well to be completed, and release all results together at the end of the campaign?

My musing is that if the results at Tai are good, then they will of course want to get those out there asap. But if they are not good, will they not want to see if Itumbula results come to the rescue, rather than hit the market with bad news? There's price sensitive and there's newsflow strategy, and we have already been told that the nomad will be deciding. All imo and dyor

Not a surprise that they dropped the option, given the overall cash position. But they better have a better rabbit to pull out of the hat now than Victoria and very soon, otherwise its curtains for the share price.

As for the options RNS, that is a joke gesture!

I was also tempted, but given that they can't report definitive results until they come back from the lab, I wasn't sure how much of a gap up will be created by any preliminary positive results they might put out on Monday.

Then as Dai has already alluded to, will they even play these results with a straight bat, or will they try to play us all again like they did with that Friday Rig RNS. Stock trading company and all that....

Didn't want to risk finding out the hard way!!!

That's always the risk here - will they play the results with a straight bat, unlike the crooked way they played the Rig news. But that's probably where watching the trades and waiting comes into play.

Although I think it's more likely to do with the dire market conditions, we can't rule out the impact of RR either. It all depends on the exact terms of the Subscription Agreement POW entered into with RR's company, and whether or not that agreement made it possible, and profitable, for RR's company to flip POW shares at these levels?

Not saying it did or didn't, as the RNS was very limited on details. All imo and dyor

Subject to any more tweeting over the weekend, we have various possibilities for Monday, including:

1. A positive (looking) RNS - gap up and off to the races.

2. A negative (looking) RNS - gap down and retest of recent lows.

3. A non committal/neutral RNS - price will likely decline, as market will speculate that if they had something positive, they would not hold it back.

4. No RNS - this one's more difficult to call, much depends on any leakage of news over the weekend, and will need trades to be watched very closely on Monday.

I would have thought that Noble will also spud by Monday, but what relevance that will have to He1, is doubtful? All imo and dyor

Skippys - I was NOT expecting to read that!!!

Weird how this keeps falling back despite all these MASSIVE buys coming in? Hopefully, this week signals WSBN prepping itself for a POG/discovery rally?

Dunno about that - Tai is the highest probability target. I think if the outcome is bad there, He1 could gap down and retest its recent low. It then becomes a boom or bust, followed by a 'raise needed' scenario all over again. Market hasn't bought on anticipation at Tai, so it's hard to see how it will buy on anticipation again for what is the second choice target, after the first has failed. Of course, if they do report Helium shows at Tai, then it will likely be a gap up situation instead.

Doesn't it have too many shares in issue and will now only move like an elephant?

WSBN, which has been trading very weirdly, might be the one that better rides any POG/Havieron based ramping, due to its much smaller free float I think?

BTW I don't think there has been any leak. The trading activity doesn't support that. However, the time to monitor this would be on Monday, if there is no RNS, but there is a strong reaction in the share price nonetheless with multiple LARGE trades.

On the subject matter of tweets, I also don't think you can reliably read anything from tweets. In fact, for every bullish interpretation, there is an equal and opposite bearish one. For example, the cynics amongst us, of which I am maybe one, might argue that they do seem to be pushing out a lot of tweets about Itumbula? Is that because they want to keep uppermost in our minds that there is a second drill coming up, and therefore a "second" chance of discovery? To cushion the blow from the first? This is of course nonsense, but it does illustrate that reading tweets is all subjective.

Better to avoid reading anything from tweets imo, and just see what they actually report back in the RNS.

As I have said before, I do hope it's a positive outcome for LTH in particular, and if so, I am sure I'm not the only one looking to jump onboard here for what will surely be a tremendous ride/market response if it is. All imo and GLA for next week (and beyond).

In my opinion, and it is just my opinion, He1 has been a leaky ship in the past. This has been discussed several times on this BB in the past. Maybe, it's not even accurate to describe all such examples as a leak by the company itself, because we have also discussed the fact that everything necessarily has to go through the broker's. Therefore, there will be regular updates being provided to the nomad you would think, as well as other insiders? The issue, then, becomes what 'these others' do with the updates, and whether they 'leak' them, which is the footprint that we then see in trading activity before the RNS. All imo and dyor

Let's hope the outcome/results are not POOH 😉

Rather than focus on me, a random stranger on a BB, which won't help your investments here, I would suggest that your time and ire is better used agreeing a list of key questions for Naheed to answer. Only she can provide the answers and hope here, but the Q&A will only be as helpful as the questions you all put to her.

That's where the focus should be on this BB, especially as there isn't that much time. All imo and GLA

At the very least, it looks like whatever price move WSBN is going to make into drilling results has now commenced? If we get a decent close today, that should set a new floor. Who knows, we might even get the first RNS next week judging by the huge size of some of the trades. Look at what happened to CMET recently because of its low free float and ahead of its RNS. These low free float stocks are the ones to target at the moment in an otherwise depressed market.

Will it be WSBN's turn to fly next? Let's hope so and GLA

Starting to brew again this....

Lol Skippys - in that case, I'll extend my deadline for fixing this issue to no later than 8am on Monday 23rd please 😉

Let's hope they get it fixed in time for tomorrow, whatever the problem is!

Shame it stopped the momentum. Some huge trades have been going through, in particular on Acquis, and at higher levels.