Member Info for RogerJolly

Exactly Crusty. Some here trying to pull the wool over gullible eyes. Holding tight and buying dips when I can is in my thoughts. Lunchtime frenzy coming up for those that missed out this morning?

Cancellation is just making a mountain out of a molehill once again.

The rise has nothing to do with the webinar. Far more to do with how close the drill is and people getting wind of the EU decision last week. Don't let these tree shaking traders fool you otherwise.

Just how many percentage points will the price of Helium rise after this announcement?

You suffered exactly as I did. I've just had a senior customer service come back to explaining they had a glitch but as it appears it's happened to many, it is going to take a while to sort out. I'm 175k shares less than I should have so I'm looking to recover losses that any of those would mount to at the point I sell. Either that or they buy those shares and hand them over to my account.

Meanwhile it's pulled back a little so the morning has not gone well for me on the new purchase. Fortunately I loaded up well last week so that eases the pain a little

I rang it in but I think I will go to the FCA on this. They refused to put me through to anyone senior. It has cost me around £2500 worth of shares and the potential profit on them

Cleared funds from elsewhere this morning in first seconds. Put in my order here for £12k worth and was offered 1.2. Accepted and their system told me no funds.

My sells had got trapped in pending even though they showed on these LSE boards and its took me 45 minutes on the phone to get the funds released and make a complaint and now I can't even buy £500 worth.

I am Literally FUMING as they tell me up to eight weeks to resolve the issue

Amended as I write. I finally got my £12k in but many less shares in hand. I will be seeking compensation here. Anybody else had issues this morning?

Check again Dai. They moved it as I suspected. I've noticed this a lot recently on a variety of shares.

I see a potential for a tree shake pullback first thing.

I based that on the fact the UT was well over the ask price therefore the first trades are likely to show as sells. If that causes panic then we could see that pullback but if demand is strong a could blow it out of the water. The thing is, there is likely to be shake because they are going to need the shares if it continues to rise.

@Crowfoot My experience at Aminex tells me the same. To continue developing alone would've been a matter of drill raise, drill raise for every next step. Once they proved the find, the farm out came along with a huge free carry which is what I would expect for something similar to happen here.

Plenty of room for this to rise significantly before that decision is made.

@Crowfoot. Assuming success with the extended drill followed by a successful EWT they will need funds to see them through to the development stage, but by then the SP will be way north of here.

The question will be, will it be viable to go it alone? Will an off taker come forward with development cash? Or, would it be more beneficial to farm out?

Tbh I don't think that question will matter to most that are invested at this stage as they will no doubt take their large profits off the table, perhaps leaving a nice chunk in for a long-term pension that will come with the field development.

This board is about Helium let's keep it that way.

Those unfortunate enough to have read it know what a bad guy this one was but there is no point in continuous sheep like virtue signaling. People like that come and go and there will be more of them just using a different angle to cause disruption. As I say move on don't give them the airtime, let's keep things positive here.

"When we flowed the 4.7% helium to surface during the DST, we knew that came from the fracture basement target itself. That is where we believe the sweet spot is for that all-important release of helium.

So prior to commencing, we will actually be deepening the well slightly to further drill into that fracture basement play, which will ultimately give us a greater opportunity to intersect as many of those basement fractures as possible. That's where we believe the helium is flowing from. Geologically, it's a complex network of fulcrum fractures down there, but they are very likely connected to one another, enabling the helium to migrate up from the deep-seated source."

Lorna Blaise CEO

Taking a profit has to be down to the individual but it isn't all to do with a rise in an SP.

In my view it is about the stage the company is at. If I was a regular trader my view may be very different to my view as an investor.

I made really good profit yesterday and it would be well worth me taking but with the company where it is now on the cusp of extending the drill into two fractures which they believe is the likely source of the helium they found. Why would I want to at this stage when there is so much more to be had just on the run up to the work.

Right now there will be many people out there encouraging people to take profits just so they can buy in tomorrow. Sometimes what appears good advice is all about self-interest. People have to do their own sums and measure their own risk reward.

"£1 is a 66 bagger from here, I’d say that’s unlikely"

I agree entirely, I can wait until Tuesday 😜

On the 1st of July we were told that the drilling to extend the well into lower fractures followed by the EWT would begin in the next few weeks.

Come this Wednesday event, it will be the 10th of July and a large bite of those "next few weeks" will have gone. It may or may not be an RNS we receive between now and that event, but I do expect at the least to have a progress indication come out of the Q&A

Some are predicting 3p by then, personally I would be well happy with 2p at that point, but hey, who is going to complain if it is 3p?

Plenty of scope for this to go much higher from drilling the fractures alone and if the EWT proves its worth, I wouldn't like to put a limit on the long-term value. ⬆️⬆️⬆️

Wow

*1.036

Another 120k at 1.36 I thought daft not too if it slips later it will go higher next week anyway. Undervalued considering what we know already

I'm just left with the thought that a celebration of returning back to a market cap equivalent to one 1.10 is in my opinion quite a bit lower than where it should be.

Of course after a spike there is always a pullback but that represents a halving of its 2P + value which to me is way oversold. Personally I think getting to the equivalent of 1.5 would be somewhere near where we ought to be prior to the buildup of the drill and EWT. So perhaps we should be somewhere between 1.1 and 1.25 at the moment?

Whatever, there does seem to be plenty of mileage in this before work restarts

But what is the pre-placing price applied in the calculation?

This was over 2p based on the reported findings. After that, those of us who had been hit by previous raises took it down in anticipation of what we knew was going to happen again. I imagine most of us who took that route are now back in, but my point is, should we be looking at a pre-raise position based on the 2p and not on the figure it was taken down too just prior to the raise?