Member Info for Offler

My view, the assets are not worth the suggested values, and the bod are generally incompetent

@Jarv

Thanks mate my reply was tongue in cheek

@jarv,

Interesting article it totally escaped me that we had relisted in Hong Kong.

Offler

Expects and will deliver are two different things

Definitely didn’t deliver by the due date, didn’t deliver by the expected extension date and getting close to the by date for the 3rd attempt. For once Richard you are right.

Tiffintip it’s the end of August that’s how it’s relevant.

the Company expects to publish its Annual Report and Accounts for the year ended 31 December 2023 (the "Annual Report") during August 2024.

Fair enough Tiffintip

@tiffintip clearly you are the clueless one if you put it all down to an assumption about commodity prices without first check the price differences.

Arrogant stupidity all round.

@tiffintip no not at all, balancing the drop in Palladium, Platinum, and Iridium with the increase in gold and Rhodium it accounts for approx half the difference so even with the bods

stupidity in storing it against future price increases! It doesn’t account for the full valuation drop.

@oldspursfan,

My view it’s partly that and the original valuation was an estimate, not supported when the concentrate was finally assessed.

Tiffintip

How do you value extracted concentrate at £5 mil and less than a year later revalue it at £3 mil. Just asking for a friend, not likely to be the same friend.

Oh incidentally did you look at any of the research sites you were asking about re estimates of resources within the region, you never replied. Again.

Tiffintip could you give an opinion on my question rather than ignore the difficult ones as usual

Should be fantastic material for discussion here.

Tiffintip

How do you value extracted concentrate at £5 mil and less than a year later revalue it at £3 mil. Just asking for a friend, not likely to be the same friend.

Tillyswizz 26 posts on HE1 since yesterday, and Richard the latest flag carrier, what could possibly go wrong 🤣🤣🤣🤣🤣

Richard who had to sale his shares here to pay bills, before supposedly buying some back (whilst complaining that the bod are crooks and scammers) now on HE1 claiming to have a bought a million HE1 shares at 2p. Is there no end to his parody posts.

Mr Bundle are you able to substantiate any of your claims or suggestions?

The SP has traditionally been so volatile that over time I’ve traded it 15 times always at a profit (even if a small one) got back on board at 13p but sticking with it this time.

@Del, absolutely agree, another disturbing and embarrassing situation which could so easily have been avoided.

Del,

I wonder if there is doubt about the quality of assets. The extracted concentrate has been devalued by the bod from the original estimated £5 mil value (2022 accounts and RNS) to by the end of 2023 to an estimated £3 mil (RNS) In addition the £1.52 mil of treasury bonds listed in the assets (2022 accounts) were listed as no longer held by Dec 2023. That may also be the reason for the accounts delay, the bod having to account for £3.52 mil of assets disappearing during the accounting period.

Spikey it seems as if nobody is interested.

And here’s a weird one.

Is it coincidence that Mike Lynch recently found not guilty of a $11 billion fraud died in the boat sinking at the weekend along with the solicitor who defended him At the same time his codependent Stephen Chamberlain died after being run over by a car. It doesn’t pay to pizz off Hewlett Packard.