Member Info for obone

Thanks cp on H1.
So drilling starts 6 to 9 months.
Be interesting to find out more about funding. My limited understanding is that companies like to IPO on LSE rather than ASX because they raise at better price - more money in London.
If they respond to my enquiry, I will ask if they would do a Q&A online.

Funny replying as me title me...thats bb for you; lol
Christoff, I think that was so silly saying cperkin is someone else. Lets not get diverted.

I really would like to know if Helium 1 is for going any where, when and actually has any worth ?
So I am sending a contact request to the web site and see if anything transpires.

fjones,
I have read your critical posts over a long period and think they have been balanced and insightful.
Lets hope you're right, with the new management, SP moves in the right direction.
Can't see it until after this Open Offer seems a distant memory.

Yes I know...but it does make me laugh crying like our gas

Useful info Durham. Thanks.

But we have no declared TR1 of even 1%

adriatic,

I agree with you how PI are treated and no II has ever taken up a holding that needed declaring
3% and only 1% during bid situation. Is it the CH and CC factor ?

I was on the whole hour Conf Call and asked quite a few questions - in the chinese whispers call process relay.
I have just listened, again, to the LSE Southeast interview.
(Donald Leggett did not pose good questions. Well, LSE are paid by AST)

Did not add any information to Conf Call - in fact the summaries of situation were not as useful
Red faced Colin finishes with SR and licenses will happen in a 'short while'.
Now that could be any length of time in the AST timescale.
In the Conf Call he said listen no later than end of September for IPPC.
So why be more evasive ?

For well reentry later than end September because this had not been pushed at the Tuesday BCC ARSO meeting. Why not ! CH did not attend for unstated reason.

I correlate how red Colin's face is with how much truth will be disclosed - not a lot - its very red.

On the takeover procedure there must be specialists among us but the city code below
explains standards to adhere to
https://united-kingdom.taylorwessing.com/documents/get/51/public-takeover-offers.pdf/show_on_screen

We have to hope SR plan A materialises as per big dropped hints from CC
I don't want to contemplate plan B

jester16,
such an atypical response. A little knife with 'have you gambled' - unnecessary.
whenever one does not like an opinion , especially from a LTH, they say sell out.
they can't put the effort into counter arguments.

cperkin,

I bow to your far superior knowledge on SOLO but
Its not madness the market cap:-
Having the Ruvuma gas field - as big as it is - is not worth anything unless it is exploited commercially.
That takes money, licences and production experience.
The market has severe doubts, I will call it, the tri-factors will materialise.
We have promise of jam tomorrow through the Aminex Zubair factor ?
Won't the Zubs going to pump in the money but now we have to.

In fact our nice but dim Neil Ritson has thrown our cash into a 'laughing' gas project.
Helium 1 has been very quiet - any news on this project ? Is it worth anything ?

Maybe, the weald investments may or may not pay off.
The diversification has killed this share and maybe the company.

How about letting or getting anything for other investments - and not having to finance their future - go for whatever we can get and concentrate on Ruvuma ?

seanp,
I am at a similar loss to you - I am 75% down.
So, I get offered a few shares.
By far my worst ever investment...and no real sign of a recovery.....
and then we get this wonderful open offer at 2.25p - why not at 1p ? as they would give their mates ?
Why would I put any good money after bad ?
Only if SP recovers by 10th September and I'll take up the offer in the morning.

I wish I'd never heard of SOLO.
Neil Ritson should have resigned from SOLO when he resigned from LGO.

I am quite close to selling out and getting my tuppence back.

Its not luck we need its a bl..dy miracle.

But then again, the trade been marked blue and a buy; trade may have been worked much earlier in the day.

IMO: a sell

That was a biggy.

Thank you teraferma the link.

I was a medium term holder - compared to some - and sitting on a loss.
But through some lucky trading over the last few days I am now in profit.
I still hold some for the long run to see how the GSPC resolves.

bid 0.222 to ask 0.2469p
A full 10% spread is a lot
Think I'll hold this time round

We'll I've placed my bet this time.
GL

hoblone - congrats - hugely successful punt

Although I think the odds are on a long drawn out expensive legal battle as per my detailed comments over last few days.
There is some chance on an agreed settlement.
I'll sit it out this time, depending on SP in meanwhile, and see what happens after the 4th Sept.
Makes life more exciting with this binary play.

Hi Tony,/Adriatic,
Now you've reminded me you got caught up in the Beaufort Securities scandal. I forgot but did see your
message at the time. That could take one over the edge - on top of the sh.t we've had from AST.
When I read at the time their action was beyond belief even for AIM standards. I cannot say my feeling I'd be banned.
You were so unlucky to have them as a broker.
At least, it sounds like your shares are safe but can't access for only a short while now.
I can understand you still being stressed but try to be optimistic - it will help you mentally.
It looks like you will have a profit eventually - and work out better you not being able to sell at the moment.

GL
Ob1

CH and CC have always come over as greedy city types with no scruples on making huge
amounts so far all from PI. I have never understood exactly why they had to make Hendos over £10 million
and their relationships. And then there's PB - spelt out the relationship there quite a few times.
Then they have massive share options but stupidly for them set them at 1.57/1.9 p if memory serves me correctly.

I feel I have been put through the mill for 18 months and for my own sanity (I showed my wife how things have roller coasted recently and she worries not understanding enough). Now I know most recent traders will be laughing and mock - go ahead and show your colours.

I would be happy with a 2p + takeover. Of course this probably be part cash (which AST need for any development) and shares.

Hi Adriatic,
Good to hear from you - its been a while.

You'll remember we met and talked at The Investor Show before the last; about April 2017.
We were both impressed with gas field potential and exponential well production in next five years.

You explained how important this investment was to you and your connection with that part of the world. I won't breach your trust as to why.

Bit of water metaphors....A lot of water has gone under the bridge - nearly all dirty - and we almost drowned on Black Monday. I am glad for you that you floated through the storm. I was thinking of you.

We are finally reaping the rewards despite incompetence and hiding the truth.

We have been put through the dryer but no doubt there'll be more soap suds.
I have already said I have cashed in part of my largish holding but I could not avoid to take so much risk any longer.

We PI are always the last to know what will happen on AIM.
All the best.
Ob1

O2,
Funniest thing I have read today. Some truth there.

I did like Paul's tweet about eating his pants if we did not reach 1p by Friday.
https://twitter.com/Paulgeraghty16/status/1029774212943241216