Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Unfortunately my timing is off, way off! RR right before Covid. EUA right before a war! Looks like RR was a sound pick given the recovery post Covid, EUA still a possibility if peace prevails and now HE1 hopefully! If I ever chip in on here with some thoughts green me immediately, I’m a jinx!
As an LTH I’m 86% down on my investment. Am both pleased and numb to the last two days excitement. I really hope this does pop for all shareholders new and old. I may never get my money back but will have a crumb of comfort my reason for investing was sound if the execution of the project wasn’t sound/ was unlucky. GLA
Well, as the BoD only had an RNS to write this afternoon and it’s now be done for them they can all have the afternoon off to go down the local wine bar on the company credit card and sink some champers on us LTH’s. They surely only had the RNS to write this afternoon as there’s no drilling or communication for them to be getting on with is there! Oh, hang on….
I asked for the mother and father of an RNS and boy did HE1 deliver! Pay day tomorrow so a good chance I will be able to get my average down! Fxxk
Kept the faith after the Sofori rig fell through. Commented how we needed the mother of all RNS to get us back and then the rig purchase details dropped. Didn’t like the placement timing. Commented it felt like planning to fail. Since then it’s been a one way ride down hill and I’m struggling to keep the faith. Need the mother and father of an RNS now please! Don’t see how trashing HE1 and starting a new company will help! Surely that exploration company would need investment and who would invest if it was perceived the previous company has been scuppered but also don’t understand the funding statement timing.
You’ve got to have money to make money! The placing really miffed me too. Am hoping the price is this low by payday on the 28th! One last nibble before details leading towards the positive begin to flow, I hope!
Cromw, I like your thinking around synergies and savings. I hope you are right and we get two red dots before the rains about discoveries. A bit of dilution will be forgiven after confirmation we’ve hit the mother load!
John2015, in my HL app there’s an email about applications open and what to do. Hopefully you’ve got the same.
I’m venting my feelings. I watched the interview with IS who said dilution was toxic and here I am diluted. I, maybe naively, given the positivty, had expected the raise when the drill was turning, shows being announced and the SP higher. I will be one happy camper if that red dot appears stating a discovery confirmed but this red dot has knocked my confidence, hence my post.
Got to say this has knocked my confidence! All the messages have been around planning for success. This feels like planning for failure. I hope I’m wrong and it’s a smart cost saving move, even to keep us ahead of the competition now they are doing two wells, I’m just losing a bit of faith!
So, I had a dream last night. Lorna was stood by Justin who was laying on the floor, one foot on top of him, one arm in the air triumphantly holding a kettle urn which had the letters H and E inscribed on the side! Not sure what it means! Might mean I’ve watched too much cricket recently! Might mean something else #tHEraceison #tHEraceis1?
Thank you, BC2504. I remember seeing the .86’s being multiplied now to get to a COS. I like your figure a lot better than 14% overall. I think somebody told me the Saudi oil fields weren’t discovered until the 9th well for an 11% COS and wondered how we compared noting as you say the horizons are intrinsically linked.
Thank you, Blubay. So, I had misunderstood the CoS was overall and not per horizon. Here’s hoping the new rig, seismic work and spectroscopy carried out puts us more towards your suggested 20-25% than the CPR figure.
Could one of the knowledgeable posters help me get my head around the chance of success mentioned in the recent CPR please? I read the COS was between 10-15% but across the 5 horizons Tai-c would be drilled through. Did I read it’s roughly that percentage at each horizon so when combined it’s more like a 62.5% chance! 5 horizons x 12.5% average equals a percentage I like a lot more than 14! Thanks in advance for any help given.
Love the animation of how the rig works . Am loving the SP rise although hoped for a little more. As soon as the news lands about the last long lead items and a reputable crew to work the rig it’s game on!
I’m having humble pie for breakfast and it tastes soooooooo good!
GTF in there! Had to read it twice as I though I was still asleep! I ask for the mother of all back-up plans and didn’t see that coming in any way, shape or form. My apologies to the HE1 team for doubting you!
SP has done better than I expected. Was a crum of comfort we hadn’t been screwed by NHE and it sounds like the time lines for each business no longer align. If and it’s a big if you can get over yet another set back we’ve actually just been informed by the CEO we are on track to our time line. I’m still in so it seems I still believe the IF.
It’s Dave-ja-vue! The share price has been telling us for weeks what was coming! Will be beyond belief if we’ve allowed a competitor to not only catch us up but overtake our first mover advantage. That red dot better have the mother of all back up plans in it.
Pray tell how one confirms commercial viability of said Helium if one cannot drill to find said gas if one does not have a rig to drill with?