Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Well, technically, he said that "there's plenty of volume and interest on the bulletin boards and Reddit"
Would be quite interesting if DM himself has wandered over here and read some of our posts :) DM, if you're reading, hello good sir! You'll definitely be going on my Christmas card list if this all goes to plan :)
void, I appreciated the post :) Changes things up a little bit. I honestly don't see it completely out of the realm of possibility. He'll be looking to make space travel as cheap as possible, probably partly for tourism but also to enable the colonisation of Mars and acquiring helium direct from the source is one good way of doing that. The Starship will use at least $12 million worth of helium every launch, probably considerably more, so why not buy HE1 for £60 billion (yes I want that £100 SP, fight me), cut the cost of helium for every launch to a fraction of what it is and still have a £60 billion asset which is also making you £150 million a year and will continue to do so for the next century or two, potentially?
P.S. I know the £100 SP is pure fantasy, £10 is more in realm of possibility
I was going to write a comment moaning about why the SP still dropped right at the end but just realised that the £140k worth of buys was after the bell.. Should see a nice little jump in the morning, hopefully some more buy orders go in over night and Scirocco get sick of pressing that sell button
P.S. makes me wonder how do deliveries find their way? "Another gravel delivery? Sure. carry on the Tanzam Highway for 300 miles. Once you pass the 11,323 bush in between the 7,932 tree and the 2,945 field take a right. Carry on straight, ignore the farmers and the crops it's all cool. Remember to toot your horn as you pass the village on your left, be careful of their well the last delivery driver drove in to it.. After 18 miles, bear right to manoeuvre the small forest and then a quick sharp left to avoid the snake-infested pit. After that, carry on straight over the rough terrain for another 12 miles. If you get lost, you can ask the locals; you'll be able to tell if you're getting close because their voices start to become squickier!" :D
I've told quite a lot of people about HE1 and some of whom I've told, I've also mentioned this forum. This was new to me a few months ago when I found HE1 and I've learnt a lot on here but I've always said to people in regards to this that you get people who have a lot of valuable knowledge and experience as well as an urge to really dig out helpful/interesting info from every corner from the internet; this is one of those times :) Thanks myoung, might not sound like much but this is why I come on here! Really interesting stuff, thank you :)
As others have said, stop losses aren't always the best tool to use. Many in the Forex game get constantly burned by using stop losses because the big boys have a very good understanding of where the stop losses are and you might be clever putting a stop loss in at 10p for example but there'll be a lot more out there who have also put the stop loss in at that price as well. And so, the price is 'artificially' forced down, triggering these stop losses which cause it to tank more and thus allowing the whales to accumulate more at a much cheaper price. And as others have also said, in the event of no discovery the price would tank that much that the stop loss would be borderline worthless.
Despite the fact that they've not actually discovered helium yet, I think this is a pretty safe bet in all honesty especially when comparing it to the potential reward here. I think throwing a couple of thousand at the likes of Tesla at the minute is far, far more riskier; so much data, confidence-boosting points (Mitchell Drilling), confidence oozing from the HE1 team (I mean, they have literally said all they need to do is drill for it) and potential here (138 BCF P50 but a P10 of 521).
So just hold on. If they incredibly don't find helium at Rukwa, they've said they'll move to their other two sites so just hold on. Then again, DM said himself that they've not thought much about a Plan B because "not finding helium at Rukwa is of no worry to us" (paraphrasing) :)
I think until Scirocco or whoever is receiving these warrants stops selling off, we'll be climbing back up again. No real investor would be selling now, would honestly be one of the stupidest things you could do in terms of investing; even de-risking, imho. But it seems like interviews like this never seem to make much of an impact, the big presentation the other week laid everything out plain as day and I swear the SP still went down a little
ST, I agree. When you look at the likes of crypto, Tesla etc and you appreciate how eye-wateringly over bought they are you kind of get the feeling that there must be some major correction. Obviously, them alone don't point to a big crash but that along with everything else.. kind of makes you feel like one is imminent
As Persian says, HE1 have said on at least a few occasions that they literally just have to drill for it. Lorna even literally said it herself and DM has implied it a few times even saying that the HE1 team have no worries about not finding helium
ST, I think it's because during this bull run crypto has attracted a far, far bigger audience and now has far more liquidity. Personally, I would be surprised if many big institutions have enough money in to crypto to prop the prices up like they have just because of how volatile it is. I'm far from a true investor but the average person doesn't understand investing and they just buy in to the whole get rich quick spiel that's plastered everywhere now. I told my brother about HE1 back when it 8p, he didn't listen and put it in to Dogecoin. I think even at it's peak he was 'only' up £1k from a £1k investment but it's dropped considerably since then and is probably barely breaking even atm. My investment? £5k to £13k so far, tax free as well :) (a pittance compared to some people here but I'm still very proud of it!). I see it plastered all over the likes of Snapchat about getting in to crypto; their only purpose is to funnel more money in to the market to keep the over bought 'currencies' as high as they are.
Seagulls, you've hit the nail on the head. As I've alluded to, the average investor doesn't understand or appreciate true investing and just think "hurr durr it'll make me rich" when erm, no, you have no idea what you're doing. As you say, it has no intrinsic value and is an unproductive asset. It pretty much is one huge Ponzi scheme atm, which I've just realised is what I've basically given an example of in my reply to ST in regards to Snapchat (although I've seen "invest in crypto NOW" adverts on various other platforms).
But yeah Biden's stimulus doesn't seem like a great idea. I've not looked in to it much and thus can't give a solid opinion on it but given how indebted they already were, especially have the stimulus from last year, adding an even greater burden doesn't sound good but an already-burdened economy. By supply constrains, I'm assuming the void in the job market? Anyway, America's economy has always baffled me. You get people being paid $200,000k a year for house bashing as an electrician and the world's richest men but then you get large parts of the country that are so rough they make places like Bootle look like Kensington
SeagullsFan "Just the hope that some other mug is willing to pay more than you for it." is exactly the same sentence that I say to people. There's barely any fundamentals and speculating on crypto 'just the hope that some other mug is willing to pay more than you for it' is a pathetic way of investing.
I think it's true what Trek says, as a currency it has absolutely no value. The average Joe doesn't care about how fancy it is they care about is it quicker to use and is it easier (that's why the likes of Google Pay is around, for example). Plus, no one wants to use a currency when the value of their holdings can half within a week. However, it's the blockchain itself that can be potentially so useful seeing as its decentralised and, so long as there are enough nodes/people on the network, so secure
ST, I don't hate you and but in fact absolutely agree. Crypto has reached basically every crevice of society and has been fuelled with so much liquidity which has caused all of the prices to go up so incredibly high. Bitcoin will never, in a million years, be a standard form of currency. Fanboys will crucify you for saying that because they live in some make-believe fantasy land but it'll never get adopted. Even the few places that have adopted it, it's all BS... Accepting crypto and then converting it straight in to fiat doesn't qualify crypto as being a standardised form of currency.
My brother bought in to Dogecoin (I actually mined 450 coins worth literally when it first came out) and I told him to get out when it's peaked, also told him to get out when it recovered, but regular people get consumed by this belief that crypto is going to make them magically rich when in reality they're just proper the price up for the big boys in the game. It's tulip mania all over again and will never get adopted, not the cryptos that are on the market atm
I honestly do hope all goes well, which every sign is pointing to, and everyone here and everyone who has invested who sadly isn't on here with us make some serious sums of money just before our freedoms are given back to us (21st). What a wonderful double whammy that would be :)
Yes absolutely. I'm sure the ruthless 0.1% who basically own Wall Street couldn't care less about supporting local communities but I, for one, sure hope they do. It's their resource, let them benefit from it too! But yeah I personally see this company as being a bit like Coca Cola. Solid hold in the market, good constant profit margins and continued good returns for a very, very long time. I think this'll just tick over very nicely when everything's up and running. Other companies will have to invest billions in to finding new oil fields or build a new plane but HE1 just need to send a few tens of millions, drill it and sit back
DM did say that I think that they could quite easily bring in $150 million a year after tax and all that. Nothing insane but guaranteed $150 million profit, every year, for the next century? A) That sounds like dividend talk and B) That kind of reliability is what a lot of big investors look for