Is it too late to buy more he1?25 Aug 2021 02:57
Can Helium One reach the previous highs rapidly? Will the next drill turn out to be positive?
The last RNS clearly states that results from tai-1 derisked future. Why you ask? Because it proved with out doubt that there is a helium system at Rukwa. This was extremely positive news and it means that investments are at a lower risk level compared to the reward. As the share price is approx half its all time high, this provides a great opportunity to buy in. Some would argue that the next news is far away, but that isn't the case. The management tweet and RNS updates regularly. And many investors have requested for that to continue.
Will the tai-2 take as long as tai-1? No it won't. Firstly the lessons and experience from tai-1 will help The Helium One team work more efficiently. Secondly, they learned a lot about the helium system already from the first dig. Furthermore, they are digging less deeper and will inevitable reach target and release final news much earlier.
A great buy in price, potentially fast results, less risk and more experienced team implies *strong anticipation* which will drive the price up. With every day that passes, the results are that much closer and anticipation increases.
26p+ here we come.
A great opportunity presents itself, and I for one have added more to my investment and will continue to average up over the next two weeks.