Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
dai.
I missed the 0.64 SP and 0.66 entry point this morning. Absolutely gutted as that was a cracking price to get in on this. Was watching ARB. Just gone back in there this morning. Waiting until after the AGM tomorrow for H1. I’ll either get a decent entry or be left with egg on my face. It’s a 50/50 call I think.
Well, last week I hoped for 15-15.5p but with a bit of luck I might get 14.75p
Back in just now for 18,000 @ 13.99p. Amazing what a bit of patience does as normally I would have bought back in at the 15-15.5p. Hopefully, more praying, that it’s at or near the bottom now. Time will tell. Might be a Yazz and the plastic population moment …….. “THE ONLY WAY IS UP, BAAAAABY. ha ha
I think before you all get a bit giddy, they need a rig and a discovery before the discussion about funding to supply is even brought up. Unless it’s to fill in a bit of time while the wait goes on, in which case I’ll shut up.
wyndrum.
I don’t know how the SP is calculated. I’ve seen a SP rise/drop on a single digit share transaction one day and it not move on buy/sold in the tens of thousands in multiple transactions. Today, there seems to be a lot of buy transactions but only in double digits with 5 or 6 ish larger buys which seems to have kept the SP buoyant. The sells have been larger but not as many which seems to have helped as well. Do you not think the Sp is being kept artificially high with all the multiple double digit buys? At £11:95 a purchase with HL I would have thought if it was a pi they would have bought in one tranche and save £80/90 or more.
Could it be MM games? It fascinates me with SP’s but I just don’t understand the mechanics of it all.
dai.
There’s only one certainty in the stock market nowadays. Uncertainty. lol
dai.
I nearly piled into 88e at 0.7p but glad I checked the reason for the drop.
It concerns me that the rig has had problems. Reason being, although PANR have declared the problems have been fixed nobody knows if PANR have just bodged it to avoid late delivery fines or a big repair bill. Once 88e have it, if it breaks down again PANR will just deny all responsibility and pass the buck to 88e.
Then 88e’s SP turns to dust. It really is cut throat around the world in the drilling sector because of the pressures on delivering energies and depleting resources.
In the end it us pi’s who pay the price for failure I’m afraid.
It’s gone on my watch list for now. I think the SP could drop further. Rather wait for a price I’m comfortable at than pile in and end up “locked in” with big paper losses.
Have a great weekend all. Let’s pray that Lorna IS the messiah we all need.
gogs.
She still hasn’t got the experience of making the big decisions and the knowledge needed to be a CEO. Ask Mr Minchin who thought he could be billy big balls. Where has that got us? As you state in your post they are only potential contracts and even then in this day and age, where it’s dog eat dog, that doesn’t count for much. I think you are one of the one’s that think she an just pick up the fone and say “hey Jeff, it's me, Lorna. I’ve just been made CEO at Helium 1 and I need a drill like yesterday. Give me the one your using. I expect it on the pad by end of Q1” even if she got a reply off someone, chances are they not gonna have a rig in the yard ready for mobilisation. They are gonna have to contact a contact who knows a contact . It's gonna be a long haul.
One thing I will say. When the rig is eventually secured I do expect a discovery after the drill is complete. But securing that rig is not going to as easy as a lot of you are making out. Like I said. Ask Mr Minchin how easy it is.
thetriplestar.
Agree. Some on here are thinking that now DM has gone, Lorna is magically gonna pull a rig out of a box of cocoa pops. I think IS has missed a glorious chance to appoint a properly qualified CEO and let Lorna do what she does best and that is geology. IS must have had an inkling that DM’s time was coming to an end so should have had time to research for one. All IS has done is swap an unqualified CEO for an unqualified CEO. that is not progress and is just damning of how this company is being run by the BOD on a daily basis.
Reminds me of the Keystone Cops from 1912.
Dai. 88e BB up in arms today because PANR have broken the rig they were supposed to be getting after them. They saying it’s all fixed now but it does leave me thinking mmmmm ….. the world is shot ta sheet. lol
I think I’ll get my 15-15.5p tomorrow. Maybe, if I’m up in time and get my lazy ass outta bed I might get 14. 75p. Maybe.
BC.
They’ve all got their own agenda Pal. One of the crypto advisors said last week that the “death cross” was about to form and Btc was going through the floor when it happens. Then the next day, a different crypto advisor said the “Golden Cross” was about to form and the last time this happened Btc hit a new high.
Don’t know about taking a pinch of salt when ya read the articles, more of a full tub.
pi.
I read cointelegraph at the back end of January and they said before Btc challenges a new high it might have to drop back to $12,000 first.
I dismissed it as that seemed a really harsh retrace and thought they were just deramping. Then again, I know as much about crypto as quantum physics.
Not trying to make myself sound more important than I am but maybe my mention of a class action lawsuit over misinformation by DM over the Q1 drilling, and more, might have been a small piece in the jigsaw that saw him leave.
For me, with timelines of securing a rig, transportation and set up it looks like what I said earlier. Q3 at the the extreme earliest. Best hope for a dry spell at the time if it is.
pi.
Just thought, probably rename Mara Dumb and Dumber. Ha Ha
Just waiting fer the dumb and dumber references now…………. Ha Ha
pi.
Can you imagine if Pete Wall went to Mara and made Dave Minchin his number 2?
You would be looking at 20 cents. Ha Ha
pi.
Keeping the Sp tight on H1 so nobody can trade it.
Just realised I've posted for another company under the title back to Arb now.
Apologies.
AB.
I think all the time machines are currently secured under contract because the market has gone dingbat crazy. Great opportunities out there if you can dig them out though. Like Arb at 15.5p. Just need the dingbats to stop buying at 15.87p and let it drop a bit further. PLEEEEEEASE.
pi.
The best way to invest Pal. If you can’t get the price you feel comfortable at, just keep your money. I would imagine you’ll be more right than wrong with that philosophy. There are a lot more opportunities out there, it’s justbkeeping an eye on them all before the SP shoots up. Ha Ha. I think you’re right withe one more screw up and I think that’s why Dave is leaving. Before the sheet hits the fan. I think that screw up is that the drill campaign will be Q3 at a bare minimum. Obviously I could have it catastrophically wrong and will miss the boat but at the end of the day I still have my money and I won’t be “locked in for months” on massive losses.
I’ll buy at sub 5p. If it ever gets there.
.
Chae?
It's nearly at my buy target. You think I’ll get it?
pi.
It’s just a question of do you wait for the SP to drop over time or on a bad RNS about securing a rig at the AGM next Wednesday or later, or do you buy now and be prepared to wait a long time if the rig can’t be secured and the drill campaign is delayed until 2024? If only we knew the answer pi? I would not only be selling the Wife but my Mum, my Niece’s and Nephews , my dog (that I don’t have) and my fishing gear. Ha Ha.
Trelawny.
No Pal, they're a Helium exploration company in Tanzania. They had a drill at tai1 and 2 in August 2021 but it turned out to be a duster. The reason it was a duster was because we subsequently found out the CEO,Dave Minchin, used the wrong size rig and on the wrong side of a fault line. The rig was to small so they weren’t able to wireline it to confirm a discovery. They did a 2nd drill 30 metres away about 4 weeks later but stopped after 70 metres and packed up declaring they had “further de-risked the project.” They were supposed to re-drill in March last year but SUPER DAVE, CEO, “forgot” to secure a rig. They haven’t been able to since but have said in SUPER DAVE’s resignation RNS this morning that they are in negotiations. But when can they secure a rig and get it to Tanzania is the question. Even if they secure a rig by the end of the month it’s transporting it, setting it up and then the drill time to take into consideration. Time it right though and you should make money.