HE1 comms during drilling2 May 2021 12:30
A lot of discussion about when to derisk which is sensible. For me a lot depends on how HE1 will play the comms during drilling. They seem to use Twitter a lot and generally comms has been excellent compared to other junior Aim companies. If they release any sort of positive update during drilling, can you imagine the share price action.
Also, this is Tanzania, will their be any leaks? The government will want any good news to be out ASAP, will they themselves be able to keep anything confidential - doubt it.
The HE1 video conference next week is interesting timing - must be an update about the infill 2d Seismics, so I reckon it’s easily going to be around 30p by then. Let’s see what they say about the 2d - it may change peoples strategy going forward