Member Info for MR.Spacetomato

"We're all 'traders' - just different timescales". Quote of the week! :0)

Patience lads and ladies. 18p is just a step, the gas is where our focus is. We find it flowing we will all be sorted. The damn thing flows to the surface, it may as well flow up our pipeline!

And the day traders doing their thing..many have bailed at 9% thinking the drop is inevitable, then..up we continue, and so does the drill bit. Good luck with your 9%. But if you are trying to buy back your shares you may have to kiss it goodbye.

"Yep - 25p incoming". MrGreen, with the flow of news I expect us to have very soon, ie gas rates on the upper level ( I would expect them to keep the market updated this time round) and seeing we are targeting higher reservoirs the drill bit will keep us informed sooner and you 25p might not be too far off.

I like the Chairman's enthusiasm. Message to us: "bear with us".."we have a great gas expert team there".."we have £10 million sitting in the bank".. and frankly the drilling is not that expensive. We will get there. :0)

Sorry, wrong BB.

PrivateRyan24, PrivateRyan24... one has to be always "en garde" ref to many comments made here unfortunately. It is easy to get carried away by what some posters say they do here, or what the share price might or might not do.
For those who are inexperienced to share dealing on AIM and especially exploration companies it is important the they do their research and use their common sense, and of course, we need some luck to find the Helium. So, good luck to us.

111baker: "The day traders have left a 26.9% rise untouched, which was disappointing as I had funds waiting on a retrace--why can`t they be consistent in their rapacious plundering. There is no justice left, perhaps tomorrow the world will return to normal too late for me tho----curses".

Don't worry, 111baker, there are a few here who "day traded" the share hoping for a big drop at the end to be able to get back in and have more shares than they had originally at the beginning of the day. And there were plenty who did the same yesterday thinking they could have bought back in this morning but now found themselves with less shares than they had yesterday because of the RNS. That's the "curse of day traders" (75% to 80% of days traders lose money every day and that is a FACT). They usually have a go at posters like me and are bitter inside, both because they lost shares and because of the hemorrhoids caused by so much stress day trading. Well, I guess anyone who goes in the rain will get wet.

Of course, you will always have the 20% who will come here and tell others how successful they are with their day trading, but you will never get them to blow their trumpets when they phuck up their trades, I can bet you that. They are always perfect and have "lessons" to post others on how successfully you can trade in and out. They generally do that when they themselves have already sold out or bought in, but you will never hear from them when the share goes tits up (when they are in) or spike up (when they are out) when they day before they were telling you the exact opposite was going to happen.

I am here for the drill result. It doesn't mean I will not sell some when my various prices on the way up are hit, by the way, and I am sure lots of other investors here do them same.

On another note, HE1 have funds for at least 3 drills and the licence is huge so I am sure there will be other drills ahead. Minchin could be sitting on £20 million instead of £10 million and that shows me he didn't take advantage of the small investor as he expected to have a discovery by now and our sp would be much higher so I am not disappointed by him, but by our bad luck regarding the well collapsing. That's why I haven't sold a single share and trust our CEO to do the right thing by us.

Anyway, if trading is your thing I can only wish you good luck, literally.

GLA

ST

Sho2SHB, that's why we had Nazy Germany, Bosnia, Rwanda, etc.. we have these creatures around us (psychopaths and sociopaths, the scum) and the only thing holding them back are the social rules that try to hold society from destroying itself. The anonymity that these BB offer allow these vultures and scums to surface now and then. Rely on your good research and some descent people who also populate these BBs and share what they find with us.

Nate, a share should only goes up on more buys than sells, so I wouldn't pay any attention to the buy/sell volumes indicated here.

we should head above 20p since we know what to expect from the structures below and and hopefully they use a bigger drill this time to carry out the tests straight away. I agree with you DBD.
It is painful not to have cash to add at these levels in my case. :0(

Good morning all. Great to see our sp moving up and as expected after a positive RNS that we are drilling. Revisiting TAI tells us they think the results of the first well wasn't all bad after all and a second drill is warranted, but now they know the well structures better than the first time round. Waiting game has started.

GLA and ATB to us.

Some good posts today regarding the next steps. TPNY says it all. Betkarma too, and that question you asked "How will your next drill differ from the first and, more specifically, how do you intend to try and stop/minimize the number of washouts"? I trust the drilling team will have loads of info to go through and make the second drill with less drama and more helium.

They have much better knowledge of the formations and they can even choose a bigger drilling perhaps? I am certain we should get some rns in a couple of weeks telling us what next.

Lots to digest and for the time being we are where we are. Patience is all I need now.

All the best to us.

It works, Joshwaa. Thanks.

Exactly, Glib: "HE1 should have about £12m in cash right now. In December we had $6m available which would cover the exploration phase and then we raised £10m to secure the rig that would also drill appraisal wells (£2.4m). This also covers £3.8m for 3D Seismic of any discovery and a few more million for feasibility studies, licence fees, contingencies, expenses etc".

This was justa first drill, out of many. Ahead we go.

Wyn, I think the word "exploration" has a lot to speak for itself. That's why I asked you a while back if you had ever invested in an exploration company before. There are risks. Also, if you had looked at Hannan's firsts reports you would have noticed a 20% chance. So, excuse me on your comments that we weren't aware of risks.

Happy for you to have recouped some losses on your trade. Lots of the guys did the same here, TAs and FAs. You don't need to be a chartist to press the button sell. You made 10%, great. Some of the guys here made 30% by buying at 10p and they ain't chartist. By the way, I sold AVCT at 242p when you were still holding some shares at 140p..what does it tell you? That I am better than you? NO! I just happened to cross paths with some EU papers on LTF that had been developed in Europe that were as good as AVCT and that told me a lot about what could happen..also, I saw through the arsëholes that are running the UK and the deals they have with the Chinese. I travelled to France a lot and saw the LfT in action. ..not what I was hoping in terms of logistics. So..I sold. There was not charts and there was no FA, just simple digging.

I don't want to enter into a TA vs FA argument as people here are definitely ****ed off with that by now, so that's the end of it for me.

What I think we need now is our CEO to write a proper RNS to tell us where the next drill is, full stop.

Good luck with your trades.

I TV,

It is OK, dude, vent away! :0) I am sure there wasn't a dude who holds this stock that didnt go...FFS on the day..then, set their limits hoping they would be hit to realise we didn't stand a chance! WTF! Then, took their tin hats and walked downstairs and met the wife and her once a day questions pre-breakfast "any news on HE1"?

Then, you give her the dog with the tail between the legs...well dear, you say, it is our first drill. Hopefully you prepared her ahead regarding the risks..otherwise, oh dear. So, ITV, vent away dude..we understand you.

:0)

Wyn, sure. Next you will tell me you sold your lot because your charts were telling you so at 27p! You are burning like anyone here dude.

Was is this morning or yesterday you were telling everyone 8p was coming? Please give it a break.

If you can tell me with your charts when the next drill date is I would appreciate it. No it cannot. Your chart will do well when Hannan's positive report came out. Then, your chart went up.

You go your way.

Wyn, we need a proper RNS, upbit and telling is to stay put, hold the sail, that our captain has dealt with his stammer and is back leading..full sails! THAT, will get this breaking this damn 13p...Jesus, I can't believe we are back here and I ain't got a dime to add at these level! Doh!

PJ, totally agree with you. I think the 2% was encouraging and that they may be should indeed do some shallow well, cheaper and faster, and get some of the helium flowing but that is, as long as the porosity is good in those reservoirs and the pressure helps.

I think the 2% being held by basically mud, we might do well on a lower seal made up shales...who knows?

The positive thing is that we know better now about the formations and I am sure we can bypass the fragile portion and go strain to the reservoirs we target. Damn, is that too complicated?

I agree with your point on no rates as they did at 70m, although they said they encountered helium going down.

It would be nice to have a more detailed rns from them.

We will bounce for sure in the medium run...just need to wait a wee longer. We are drilling soon, that is what I expect.