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The placings out the way so I think most will now be holding tight for the real reward and proper monetisation catalysts and next HE1 news for the way ahead

What are we sitting on. depth of the helium columns, depth and width, how many, next drill, plans to get it out the ground at the earliest opportunity, monetise and self fund, farm in interest in the other 11 licences.

Amers the 65% refers to the non "fast cash" holders. It doesn't mean for one minute that he has 65% support and remember a high proportion of the 24% that voted against Iain Mac's re-election would have come out of that. Best guesstimate is that he might have the 50% he canvassed to close the door on the Apollo bid, but we only have his word on it.

The low share price (after refusing 4 bids and no credible and working plan to resurrect the share price) and the fact he has had to buy and add further @Kelso hints that he is not so certain himself.

Rock8 - at the point of relisting or seperate listing elsewhere then you will list at the value ascribed to the share and that will be more than it is now. Your decision thereafter whether to cash in or roll it over. No point in paying £10 to £15M fees to an exchange where you are just imvho a spivs manipulation kickbag. The same incidentally applies to the likes of Ocado, Boo, Asos and others in the same space.

Its over to how the II's view the Capital Markets Day.

I like the ambitious targets and targeting the US. Maybe a bit of extra business for THG and their Ingenuity platform who have distribution hubs and manufacturing capabilities in the US. Who knows...

Watch the interview and make your own mind up.

Those interpreting LB's body language have been making very good money and this journey has only just started imvho. Helium 4.7% and 2% Hydrogen. Both rare and valuable commodities and the Rukwa basin has them both in abundance and HE1 only happen to have 12 licences there and one of which has hit the motherload by the looks of things.

https://youtu.be/VMkvHfmJupY?si=j0ir6dMy3Gswsx0C

Hopefully we smash through 3p today and that becomes the new support.

Just remember LB's beaming smile from start to finish in the most recent interview.

In all my time of people watching CEO's and podcasts I have never seen anyone with such a wide beaming smile throughout a full interview as LB in this one.

Now you can either sit around here all day and interact with the FUD spreaders and traders, who caused many to sell up this morning at 1.65p to 1.8p (and who are now kicking themselves) or perhaps watch the interview and make your own mind up.

Placing out the way now the shareprice can hopefully gets back onto the front foot and we see 3's, 4's, 5's and 6's at least whilst we wait for the next update.

Just grateful for todays top up opportunities.

https://youtu.be/VMkvHfmJupY?si=j0ir6dMy3Gswsx0C

Can I also just say that one day you will probably thank HE1 for keeping 100% ownership of all the licences to date.

Now with a successful dual Helium and Hydrogen find then anyone wishing to farm in has just seen the price to participate shoot up.

The £4.7M is a drop in the ocean compared to what they are sat upon.

Lets them get on with the next progress and next news.

The £4.7M is a drop in the ocean compared to what they are sat upon.

Lets them get on with the next progress and next news.

Neil777,

You can see that with the last Proactive Investors interview the smiling is even more intense.

Don't underestimate the 2% hydrogen as well from what she is saying. They are looking to commercialise that as well.

12 licences on Rukwa and two other large basins on top. All immensely attractive now for farm ins as derisked.

Yip someone has confidence

2024-02-07 11:06:12 1.79 150,000,000 £2,685,000

Two more to go if the price allows.

The point being made is that is how easy it was to pass them all of the placing should anyone have wished. 1 hour and 9 minutes.

Given what we know now after Itumbala's success those presented quickly with 3p to 3.2p on the morning of the success RNS can now get in for 1.8p or thereabouts and there is more news coming.

Forward sold Mrnewbie

Thats the volume of the placing shares now surpassed. In 1 hour and 9 minutes.

Thats 300Million passed at just after 9a.m. So just over 13 Million to go.

Just shows how small the amount was in real terms.

When they're gone, they're gone.

That's how many were placed

Nice instant profit for the select few placees that got any.

But when they are gone. They are gone.

The full number of shares in the placing will have been traded by about 9.30 to 10.00 a.m. at the present rate. So good luck thereafter

My mistake Bluebay.

Got what was an acceptable price for me.

Happy with that and given the bulk are held at much higher levels.

HE1 are moving fast and clearly have a plan so happy to wait for next news on the path to monetising the asset or the size of the prize.