Member Info for Skippysb01

Punters selling off risk as we approach news on Weil 1 flow test results. I get it. I haven't sold any myself because I know that even if Weil 1 was empty (it isnt) we still have more than enough value coming this year to push way beyond this SP. But if I needed the money at the end of this week, I can see the argument to sell some now to protect capital, especially considering the solid recent gains.

It takes all sorts.

With spaghetti western music...

Https://x.com/HelixExp/status/1930179880030781668

I meant years high as in this year. Of course.

This year?

This is looking really really good today. Some selling now as we are at year highs so hardly surprising. Still the bid creeps up day on day. Very strong.

I agree with JH today. There is no such thing as a 'tree shake' it implies an actions by the mm's to deliberately shake the SP to get people to sell some shares Nonsense.

No. Why would they do that? More likely to see similar deals as for Billy Goat on future wells. MSMN has made it pretty clear they don’t want to invest in production capability for now.

We may get flow test results next week. I think the turnaround of flow test and lab results for Linda 1 surprised a few!

New tweet this morning. Weil 1 flow test has started.

JH. I think you will find that everyone knows that. I just don’t think the predictive elements of charting work. That’s not the same as not getting it.

OK. I will admit there is resistance sometimes for round numbers. So 20p can be a psychological resistance point. But I see chartists writing about resistance or a gap at 1.7547p and then it just goes past it and never mentioned again.

I’ll entertain that it is a thing and don’t mind the posts about it but I always look at the Market Cap and challenge the assumptions that support that and often the assumptions that others don’t seem to see or are poorly established. I generally see lots of false assumption made for AiM stocks and that puts me off. Not for HEX though.

JH. Sorry but I don’t think these things exist. Certainly not for AIM stocks. They only exist in hindsight.

I guess I am now in all sorts of trouble….

I think the resistance is at £30m market cap. Nothing to do with charts. Reckon it will break that on Weil and production planning news.

Huge spread on this is very off putting.

Good deal. Would have looked better if it had been done before the placing and build up of anticipation for the Billy Goat well. But, objectively it provides a potential income stream without risk. Other wells to come.

IMHO the initial results for Billy Goat must be good and that bodes well for further drilling in the area.

Would be nice now to flesh out the Sagebrush plans.

Bananarama

I think it is very certain why. A deal may be being agreed. Totally normal. It's only been a few days. TBH we could easily still be waiting for lab results for Billy Goat anyway.

I agree it's impossible to know whether there is going to be a positive outcome, other than we could assume that surely the results at Billy Goat look good and that's why another party is interested.

MSMN do need to act in the interests of investors but that doesnt include managing our impatience.

Why is the Investor Presentation on the GEX website dated 22nd May?

You don't log an RNS for the next trading day. Not how it works. If there was news to RNS right now it would be issued today.

Might well be an RNS on Tuesday - one is due - but you are making it up as you go.