Please lets not forget the Tanzanian government: a discovery will transform their economy. I'm almost certain He is there, and the Tanzanian government has chosen to back He1. It just needs to get confirmed and then they would see so much money (probably a lot of corruption) which if used wisely would transform.
Let's not forget that the HE is there. Someone's going to get it out. Hopefully the BOD will make sure it's HE1 wether on it's own or a joint venture or at least an MOU. Surely there has to be an announcement of something soon. Come on David, I'm waiting to be a millionaire.
GLA
Walletinvestor predicts £3+ in a year. Can’t believe that.
https://walletinvestor.com/lse-stock-forecast/he1-stock-prediction
What do I know?
GLA
I'm not worried about the accounts or the disputed invoices. To me that's just what companies do, including the big boys. This is a high risk/reward punt. IMO, I can't see the big players ignoring this for too long. But, no discovery no win. DYOR, invest what you can afford to lose.
GLA
First off, I believe that the He will eventually be found in commercially viable quantities. However the volativity has pushed me into a bit of day trading which I have never done before.
I have a relatively large holding which I am going to hold, but I have released a bit of cash ready to bag more at a bargain price just in case.
Thank God my fund holdings are keeping me sane.
Good fun though.
GLA
Yes, there is helium!! Just going take a while longer than anticipated. I'm holding at an average of 22p. Could de-risk a bit but I invested with what I could afford to lose.
SP seems to be an over-reaction. This is common in exploration, and they're funded for 3/4 drills. And there is helium.
GLA
Seahawk
Well said. IMHO, I cannot believe that if the He discovery is commercially viable it can be ignored by governments, big exploration companies etc. And not forgetting that Tanzania has a big interest. Could be a real rollercoaster ride.
GLA
A mispost on he1 prompted me to have a look at ADV. Managed to buy 1k on HL. Up over 10 percent. Looks a goer.
Girlfriend asks. Why do you keep looking at your phone? She thinks I'm having an affair. Truth kicks in. I'm in love Tanzania. Who? Never met her, I say. But I have sold our future in her. How's that? She politely enquiries. Well, I may have been a bit rash, but I have invested all our money in some drilling operation in a country you probably have never heard of. (worried glare) you've done what?
So now I have to dig myself out of this hole. I show her my investment ISA, and have to explain that if I (we) make 100k or 1 million, I will still love her.
She's interested - holidays, jewellery etc. Past two days, dream on!!
Then I have tell her that this could all go breasts up. I telleherynot to worrt