Member Info for roger65

Sounds like a private placing from a US investor. No discount. this will help keep the lights on for another few months until they receive a Grant. OF's hands are a bit tied now financially. Not enough money to get on with any serious drilling campaigns and can't now do another placing without diluting and pi55ing off the recent US investors. I hope he has a strong plan for the next few months or this could drift back down to 12p. Hopefully things will start to fall into place soon.

Jyee7

You could add a hundred venues. No one trusts Burt now.

Sales figures. Anything else is fluff and share holders here have already had years of that. This is AIM and Burt is a typical CEO that over promises, takes money off retail and pays himself handsomely and delivers…nothing.

Figures will land soon. Sink or swim. Live or die.

At 10am this morning you posted a long winded message giving the world you reasoning as to why HE1 is a terrible investment. You finished with this...

'My opinion is i am staying away at least for now. let the next RNS drop, see where helium one is with everything and providing it has lots of facts and stats and detail make an informed decision then..'

You then posted only minutes later. May I kindly request you do as you suggested at 10am and F off until the next RNS has dropped? Then you can tell us all just what a clever dick you are. Or maybe it will just be one half of a clever dick...

Tks

The current share price is about sentiment that’s all.

Twaddle! It's based on fundamentals. The company burns £400k per month. It earns about £100k a year. Has a tax refunda of about £1m a year and can only find money from a death spiral agreement. That's not sentiment. That's staring at hard facts in the cold light of day. It doesn't add up and the company is in a hole. A deep hole and time is not on its side with progress in this sector being painfully slow.

Cheek was obviously not telling the truth in that presentation in December. It was an interview so he can get away saying what ever he likes. It's AIM and that's what CEOs to do string along retail investors.

I had high hopes when he said 'finalising contracts' with a partner for FDA application but now, four months later, it is obvious that was clearly not the case. Either that or something has gone seriously wrong with the testing kit and the potential partner has stepped back or away.

there are enough smart and patient investors in the market who would build a stake at these sp levels but they aren't. Why? Ask yourself. It will either be taken private and share holders get wiped out or...the IP sold off on the cheap and the Company listing used as a cash shell. Happens all the time.

Zak is wrong more often than not. Let’s good so with HE1 as dropping to 1.33 wouldn’t be great. Dropping as far as 0.9p would put even more pressure on LB as finding funds for the next phase would become really tricky and could result in a placing at .5p! Now that would be disastrous in the short term but I still think something like that would make a JV partner jumping on board sooner rather than later more likely.

I wish LB had said ‘towards the end of Q2’ rather than Q3.

Q3 could easily end up being delayed and into Q4 and six months on AIM with current market moods is an awfully long time. For me I see a further drop as inevitable but with that come opportunities to top up, lower averages, build stakes etc.

By end of this year HE1 will be a very different investment proposition . Just my take on things here.

Nissan, that’s an excellent post with lots of really interesting figures. Sp currently at 4.5p and you still don’t smell a rat the way things are going???

Janoz. So you think it’s finished then? Directors take monthly salary cheques until the cash runs out?

I got the impression LB was less enthusiastic but this could be due to the market reaction to the RNS earlier in the week. HE1 will need to raise money and so they need the mcap to be much higher or else the amount they can borrow or raise through a placing will be far less and the discount even more punitive. She looked a bit shell shocked, as if the crash in sp was a real surprise and a blow. This might be where her lack of experience as a CEO undoes her good work as a geologist? Don’t know, but after what she perceives as being great news she’s probably thinking’ what have I said that could wipe off a third of the company valuation.

Still think it’ll come good and a JV partner will want to get involved early doors once they see more of the data. Question for the next few months is how much further will the sp drop. The further it goes the more enticing to a potential partner as they can buy in cheaper. Makes the company’s life harder but the end result should be similar in that HE1 will declare a discovery and flow rates will be improved and there will be more wells. Sp of at least 10p in 12 months time?

I would love it not to be a coincidence.

Profit to the brave eh Jimmy. Although there is nothing I can do about it now I admit I'm not feeling very brave just now. We'll know soon enough.

I will nissan, if they ever manage to sell anything. Have a few £K left in here now and will live with the risk of losing the lot further down the line. gla

Leematt - if you think it stinks then just bugger off ol' bean.

You don't appear to be willing to take anything LB says on board. She suggested they would use various techniques to increase the flow and that the .5mcf was a MINIMUM rate. This is only one well they are talking about at the moment.

Personally hoping they rent the rig out, get some extra cash in the kitty and then pay for the next stage without diluting share holders further or that a potential jv partner steps in to contribute.

The very best scenario for me is a total buyout by one of the big lads. No risk, no wait and no stress. Wouldn't make as much profit but it wouldn't look bad from current sp levels that's for sure!

You can email the NOMAD to enquire if the company is considered in a 'closed period' just now. they have to inform any share holder of that at any time. Think you'll find HE1 is NOT in a closed period currently but that could change at any moment.

Crazy, the market values the business at zero. mcap = cash in bank. Market doesn't think much of the Director's lead just at the moment. Hopefully they can release some news soon as this is depressing to think we've finally got that business sorted and came out on top and now the sp is just dropping like a stone. Even now I see this is a great chance to make a decent profit short term. It could leap to a penny in an hour! pis just not convinced by management clearly.

Drop an RNS and show them the way....

There is nothing to stop Lorna and other Directors from buying shares now though as far as I'm aware...? pls correct me if I'm wrong. The fact that none of them are buying any suggests the 6.6p options are a long way off....

Chickenthighs - in this sector Q3 really isn't that far off. Start of Q3 is July 1st. Not long to wait and hopefully there will be snippets of other good news before then. All will be well. How? I don't know, it's a mystery.

With the advantage of hindsight I bet LB wishes she'd said Q2 and further down the line just issued a statement saying they're delayed by just a few weeks...

I agree the Q3 comment has made many sell up and chase the odd rainbow elsewhere.

Think I'll revise my 1.35p end of day prediction to a bit lower as it looks as if it could drop further to 1.25p now, especially as many will not want to hold even into the w/e.

There are going to be amazing opportunities to make serious profit here if this carries on with the daily fluctuations. It's just the market we're in at the mo.

I also agree with the feeling that any prospective jv partners will be making moves beneath the surface. They will want to be buying into the project with the sp as low as possible so their profit further down the line is all the greater. If that's the case then so will ours be! Each to their own but I'm putting a lot of mo money on this being a good deal higher by the end of this year. A lot higher.

Firebalde - News will be released thick and fast over the coming weeks

Why? They RNSd only yesterday their plans over the next few months. Don't think we'll get the results we need for lift off until Q4 at the earliest. I'm not comfortable watching the value of my holding diminish quite so quickly but as long as I hold until end of this year I reckon I'll be safe. the dry powder I keep will be used here if it goes anywhere near 1p. I fear it will but longer term I'm fairly confident.

LB and BODs should not be pleased with how the market reacted to their news yesterday but this is AIM and the LSE is undervaluing many companies right now, as has been talked of in the news recently. It's a sea change from a few years ago and everyone is now super risk-averse. on AIM everyone wants to quick buck, and often get it but then fail to hold on to it because they don't sell fast enough as the risk factor kicks in and a company valuation drops on nothing particularly negative. With HE1 they've made their timing clear and everyone has easily worked out they'll need another placing so why bother hanging in for the next 3 or 4 months when you know you're going to end up being diluted and your money might as well try to grow elsewhere until that placing is out of the way.

I doubt they could now get 10p Slacker.

The London stock market doesn't value the company highly at all and thus GDR and its IP become an easy take over target. It is holding on by the skin of its teeth. Fully expect this to drop further and then either be taken private or bought out for peanuts. No doubting the quality of the R&D side of the business. It's commercial arm and senior management however have been woeful for years and show no signs of any improvement.

Can any of the experts here give any good reasons why they are waiting for several months before embarking on what could obviously lead to 'commerciality' sooner rather than later? LB sid in her interview they wanted to make this project commercial as soon as possible.

Well, one thing to say that gives me slight hope is that HL will take £25k for 1.5p in the blink of an eye. Loads of selling but of course there's also loads of buying.