Member Info for Legalwolf

RJ - you're one of the biggest and shameless rampers on here (probably second only to Coco). It's people like you who I would say are the MOST dangerous and the ones to be way of - for people who actually take notice and are influenced by BB discussion. I actually get zero value from most of your posts, because there is absolutely no balance in them whatsoever. None! I suspect the likes of you would happily lead people here into the fire here, because you are just on a major ramp here no matter what the truth is.

So forgive me if I don't take lessons from the one eye'd. All imo

I will try to listen to it again over the weekend, but I think LB said that within one month of spud, "we will know what we have" or words to that effect? She then started to talk about what results would be obtained during the drill, and what could only be confirmed after sending samples to the Labs. Did anyone follow all this and for anything that will need to go to the Labs, was she saying that the results would be back within one month of spud?

Just trying to get a clear idea of what results can be expected and when. Thanks

The BB has become toxic (at times) because a lot of posters are not able to "agree to disagree" with any civility. Everyone has their own opinion, and many are only able to tolerate a particular point of view, based on what their bias is. The share price is the key driver of our emotions and when the share price does well, so does the BB discussion. It will be the same going forward.

Even with the placing discussion, this topic is also fuelled by the performance of the share price. If the share price goes up, the concerns and noise about a placing go down. It will be the same going forward.

And its the same about trust and confidence in He1. Our emotions about this are also dictated by the share price. It will be the same going forward.

Next week, if the share price does well, it will calm down and allay a lot of concerns or speculations. If it doesn't, then those concerns and speculations will continue. It's just how it is.

If you don't like how the BB is, then don't read it, or filter the posters whose views you really don't like. What is not on is some posters thinking they own the BB and trying to dictate who can and can't post, and what they should or shouldn't post, like some kind of keyboard warrior censorship over a BB they don't own. The Chat rules are linked below and so long as people follow them, let them post what they want, and as stated above, if you don't like what they post, ignore, respond or hit filter. All imo

KR - I wouldn't worry about it. The rampers on there have had an emotional roller coaster and have lost the plot this week, literally and metaphorically speaking, lashing out any anyone and everyone. That BB serves no useful purpose other than rampers v de-rampers, with a few sensible posters drowned out in the noise.

Just focus on yourself and regaining your strategy with He1.

Well stop posting threads under my name then and expect me not to respond!

Coco - why were you not saying this before Wednesday. As I recall, it was YOU that kept on saying that LB should put the issue to bed?

Now you have just changed your tune again. You just seem to make it up as you go along, switching your narrative all the time. I get that you want to remain positive, but only seeing things through a positive lens makes it more difficult to take what you say seriously, or your sincerity and the usefulness of your posts. All imo

Skippys - if LB has no plans to raise before the drill, why do you say she can't just come out and say that? It's a positive that she would surely want to be shouting from the rooftops?

Let's just see how it plays out with Hurricane. Nothing we say on here is going to change what happens. We don't have long to wait either if the drilling is planned for September.

Skippys - Noble have raised BEFORE drill. They haven't decided to wait until after their first drill to raise for a second drill.

So the logic of raising before or after drill is not clear cut. Many would argue that the most "opportune" time (in fact the only "opportune" time) would be before drill.

As retail investors, we interpret "opportune" to mean what is best for the share price. However, when raising funds, the company and nomad have to look at the most "opportune" time to get a placing away. If you want a placing to be supported you need to offer it some share price enhancing newsflow - a liquidity event. That's what Noble are doing by offering their placees a big drill campaign.

If He1 wait until after this drill, and Tai C is a duster, what do they offer to placing 'investors' to get them to part with their cash? They will have no drill ready target to turn to, and they don't have the cash to prepare targets. It will be at least Q2/Q3 2024 before they are able to drill again. How much will they be able to raise in this scenario and who is going to wait 6-12 months to see some drilling action?

To me, it only makes sense for He1 to raise after drill if they think a positive outcome is already in the bag? If they don't, then the most "opportune" time would surely have to be beforehand - like for Noble?

Anyway, whatever will be, will be, and we can only watch and wait now. Any debate or discussion on here isn't going to change the outcome. All imo and dyor

I completely agree with Louis10 on his last point. We all wanted He1 to put the placing issue to bed on Wednesday, and they did not. In fact, they arguably opened it up. Now it's impossible to know whether the share price is dancing to its own tune, or dancing to the tune of an upcoming (and forward sold?) placing, which the 'city boys' already know about.

Whether we agree with it or not, whether it is complete FUD or not, once it becomes a concern, it then makes for a nervous market sentiment. The likelihood is that only He1 can really fix this by coming out and ruling out a placing until after the drill. If they don't, then you have to draw your own conclusions from that. All imo and dyor

D2B - been very patient with you. You've been having a few mini pops at me along the way, questioning my motives. Now I will just say what I think, which is that you didn't heed the many warnings I provided on here, perhaps you should have done instead of doubting them, and there is no point feeling bitter about it now. The mistake is on you and you need to own it, not cry afterwards. I posted the same views on here as I do on the BB, unlike you. So when you say Scruples, do take a look at the mirror. Anyway, don't want to get into an argument on here about it, but equally not going to let you get away with having a unwarranted dig. I warned on here more than I did on there, and in more detail! The rest was up to you guys.

Anyway, from where we are now, I think any of us who are in He1 (and I am still in) need to at least be willing to consider the POSSIBILITY/PROBABILITY (not CERTAINTY), that there WILL be a raise in the run up to drill. Maybe the placing is already in motion and the current share price is moving towards the placing price? Maybe its nothing to do with this at all.

But look at Noble, they haven't waited for the outcome of their first drill to raise for their second drill. They know now is the "opportune" time to capitalise and raise capital. Why is it any different for He1?

If the market (i.e. smart money) has got wind of a placing, and they usually do find out beforehand (which is why we get forward selling), whether I post about a placing or not, or how often or not, doesn't make ANY difference to the share price, it WILL fall back to the placing price, if or when a placing RNS lands.

What will make a difference is how each of us play this scenario, making the right calls, and getting a bit of luck with them as well. All imo and dyor

Thanks Betkarma - you don't happen to know what "large trade" means in this context?

Luca - i'll say this in the nicest way I can. I really couldn't care less what happens to your holding. I'm only interested in what happens to mine. I'm not responsible for anyone else, let alone strangers on a BB. Don't owe you zilch.

So that really was a pointless, unnecessary and pathetic attempt at trying to call me into question. Ciao

If only we knew what Ian Stalker has been doing with his shares since he stepped down? That would potentially provide some useful insight? All imo

Think what you will gents. Of course, I'm going to continue posting on there. I took a HELLUVA lot of stick over last week/weekend over raising the placing concern. You all read the attacks. Now it's only natural that I want to see how all the drama plays out and what actually happen. If there IS a placing, I won't be holding back on the likes of Coco, RJ and few others.

I really have no clue what is, or will happen with He1. All depends on the announcements from hereon.

Something is clearly afoot judging by that massive late reported £275k trade. If only we know what's happening with Ian Stalker's shares right now, but we don't.

I thought MM were only allowed to delay reporting of trades for 90 minutes. Does anybody know if this is correct?

Funding monkey

Dan - to be honest, although I don't want it, I'm not massively fussed if ECR do raise. I know it might be painful for LTH, but I am not one of them (sorry LTHs). If ECR did place, I would be happy to take up cheap shares, in the knowledge that the money will fund drilling at Hurricane AND Lolworth.

So I don't mind going into this drilling with the funding money off our backs, whether through any raise of asset sale. And I'm happy to go into the drilling with the monkey on our backs as well. All imo and dyor

D2B - which bit of that is trolling? They are doing a raise and we are all speculating as to why. Even if they have or have not received their monies from their summer raise, how is this trolling of He1. If I said it on the Noble BB, I could understand why it might be seen as trolling.

Right now, I'm not all that bothered about He1. I've exited most of my holding and not minded to go back into it in a big way now, unless they categorically rule out any raise. If I did, I would be fretting about each Friday in the run up to spud, dreading that placing RNS.

I don't need or want that aggro now, having had a narrow escape. There are plenty of better and less stressful options out there right now. So I have no need to troll He1!!!

Noble made clear that they wanted to retain the Rig. They also gave themselves headroom to raise again. Since then, they lost the Sofori Rig and have ended up with Marriot. This is a much costlier option for Noble. If it wasn't, they wouldn't have bothered with Sofori in the first place. Didn't they also turn down the farm out option?

Having said that, I've stopped following Noble after the Sofori Rig share fell through and there wasn't as much need to follow them.