RE: MM trying it on!12 Jul 2024 10:58
The Fact is simply HE1 is the flavour of the week..........at the moment. You only have to look over there to see the super ramping, much of it from odious types who were deramping here! Watch them flip again soon enough. Well I won't because I simply filter them, much better for the blood pressure lol
HE1 leap on basically no new news was strange, simply driven by the herd. There will be no REAL news for at least 6 weeks over there until drilling and EWT done. That is a fact!
Many seem to think it is nailed on. No, it isn't, nothing is, the drill bit will do the talking. I have been in so many over the years. Expect the unexpected is what I live by now. Seen so many with great Seismic and Geology only from Well to collapse, or fractures weren't what they thought, gas/oil there but can't get it to flow. And many more things can go wrong! On the flip size what wasn't looking great turns into fantastic finds. You simply have to wait. However, I don't wish HE1 shareholders any ill, hope it works out for them. Intimated I might buy in there nearer EWT results as a binary punt. I don't care if I pay a bit more later to get in. Although I expect their SP to drop down on no news. I would rather wait to see no problems with drilling etc. There will be time to get in if I wish.
Here the fact is we have had 3 consecutive RNS, in a short time, all with great news. A deal better than HE1 imo.
However, fact is folk jumped ship here taking profits to jump on HE1 bandwagon. They will jump back soon enough. Unfortunately on AIM you can have great RNS and price drops. The potential and resources of this company are there for all to see. You have to show patience. IMO we will be selling assets, or whole company, then you will be glad you stayed the distance.
Fact again, half of AIM buyers have no idea about the company. They glance at RNS, don't do any background research, clueless on BOD etc. That is why they are called the herd, just follow the next hot thing regardless.
The new BOD here have done everything right IMO. It is not there fault the SP had dropped. How much good news can you release? Well I know a goodie Re Kobold will be out soon. Even possibly that asset sale? I reckon Dundas be sold as well. Get the low cost JORC for updated resources (double) will be granted the whole licence and there you packaged up for a bigger entity to get mining. GLA