Member Info for Skippysb01

I refer all of you to my first post on this thread….. wibble.

No it doesn't. I have views on lots of things and have a healthy filter on what I'm told. It's just that what you write is so biased it can't be believed - even by you. Objectively you can't justify what Russia does even to it's own people never mind what it is doing in Ukraine. It just doesn't pass even the most basic level of assessment.

I could write this: 'A man was told by his western friends that Russia was murdering innocent people in Russia. He went into the street and shouted about it. He was arrested by loyal Russian policemen and brought to justice. He should not have believed what he said. He was a victim of western propaganda and after all the west has done lots of terrible things itself. He will be punished but we will be fair. After all it isn't his fault it is the fault of the west.'

Or you can write 'Man expresses opinion which is forbidden by Russian regime on streets of Moscow. He get the crap beaten out of him because this is not how we want people to think. It is the truth but we must not have that. His lesson will deter others from speaking the truth.'

Which do you think sounds the most plausible?

The MO of the Russian Troll Farm expert. Make it sound really complex. Point at how the west isn't perfect. Make it sound like all of the past wrongs are current and justify the current wrongs no matter how wrong they are. Make us doubt ourselves and the sources of data we rely on in order to make us doubt our democratic foundations.

'Encouraging visual results' RNS'd on 1st and 17th August suggested they would send to lab in a few weeks. Last weeks RNS seemed to suggest they were now sending samples as they go. So we can assume WSBN cores have been arriving at the lab but hard to say when the first arrived.

Depends on how long the lab needs. Best case 4 weeks which could mean early results any day now but some on here have suggested the labs are taking longer than that currently.

The fact we don't seem to have much action on the SP right now suggests that those who know better than me are not expecting anything just yet?

IntheVoid. Probably depends on what your average is. For me I'm still in the red and need a bit more before I consider de risking. BUT I do see de risking as the right strategy for me so I have a target for that. I think I have decided for now that I will stay in until we get the next RNS. Risk for me is that they delay drilling to 2023 and that will mean I have to leave my shares in here until then. I am prepared to do that though and would maybe buy some more and average down in that situation.

If I had bought some on Friday I might be considering selling some of those now. I topped up Wishbone instead!

What SP do we think we get for RNS telling us drill plan and logistics are in place?

After the last RNS update I was expecting either an RNS outlining the full 2022 drill plan with drill secured/audot done and all logistics in place...

or 2023 drill plan.

Having not seen an RNS for the matter either after hours on Friday after last weeks drop or this morning I would now like to think we are going to get the former.

Makes no sense to piecemeal RNS's for various component parts of the drill plan now.

Thought you had jinxed it but a few chunky trades into close at the mo

Well actually yes they were.

I think a big lesson learned from last year is the complete down toning of the comms from DM. Last years enthusiasm was very overdone and I felt it was clear when he was interviewed after the washout RNS that DM felt the weight of all us disappointed investors. I wouldn't be surprised if he has been advised to tone it down.

Following the last RNS it is very difficult to release another RNS unless it states clearly that everything is ready to go. Any material gaps will be punished. It's either going to be - all systems go with a drill plan and tidying up any financial concerns or a clear bump into next year.

Pressure on. News any moment now.

Look at those small trades at the bell. Someone on Freeshare or another no fee platform buying shares at full ask. Always makes the SP look like it's moving but in fact the spread has not moved a bit.

Yup! A lot of 'contributors' today are in fact looking to buy HE1. Seen it so often.

Ready for the possibility of a drill in 2023. I can justify staying in until May if that's what happens. Bit ouch though.

Honestly I think todays SP is more about skittishness. The last RNS needs to be followed up and it feels like a long time. But then I read it again and actually I still think it's not too late to come back with the 2022 drill confirmed.

Confirms that drill samples are being sent to the lab as they go. Seems obvious but until now we couldn't be sure they had sent any yet. We may now get initial view in September.

For balance Ive been trying to do a dummy sell for the last 20 mins too and I cannot get a quote to sell. I reckon there is virtually no spread right now and the mms don't want more shares ahead of the placing anyway.

I'm not so sure and I don't know for certain either but 2 trades like that I think they may be buys. The published ask is 10.5 but in fact I can dummy buy £100 worth at 10.3 right now. The actual spread has been really tight today. It's not really that clear and may depend on the broker. It's not impossible that the 500k this afternoon was a buy.

That would be good. Yesterdays drill results need explanation i.e. why does the RNS language strike a positive tone but the market clearly wasn't impressed? I suspect it's being taken as as an outcome whereas these were early stage results. What do they plan to do next?

Obviously Red Setter is the more 'exciting' prospect but there was a clear lack of enthusiasm for yesterdays data splurge.

Thanks Amagedon. I would have missed that tweet. That's useful to know.

I also agree it's better to phone Viv at BRH rather than send an email based on personal experience.

I do not think we will get an RNS stating that the samples have gone to the lab. We will just get the results from that.

Well you use the drill(s) you have to drill the holes you want. I think the important thing to note as other have is that the drive to drill faster can only really indicate they have a lot of confident. They seem to be on a 'go get it' footing.

Need the science to back it up though. Have those initial drill cores gone to the lab yet?