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Sensible outsourcing this to experts
https://www.petroleumconsultantsmt.com/
It’s their ‘day job’ they will have all the local contacts both for regs and execution
Trek
Hi mick,
Message from Pectan11
“ Mick - obviously it’s upto you (and you won’t see this) but I’m not one of Jake’s aliases as Troajan should be able to confirm
Probably on your list after replying to some of his posts many months ago”
Trek
From cnbc
“ Iran launched more than 300 drones and missiles against military targets in Israel on Saturday in an attack that President Joe Biden described as “unprecedented.” The U.S. intervened to directly help Israel shoot down nearly all of the incoming munitions, Biden said in a statement Saturday.
Though significant in scale, the Iranian attack caused little actual damage in Israel. The Nevatim Air Force Base in southern Israel suffered slight damage and a 10-year-old girl suffered severe injuries, according Israel Defense Forces spokesman Daniel Hagari.”
I always wandered what the resilience against a drone attack was.
So when you launch 300 drones and telegraph it across the world so the super-powers who are in area and have plenty of time for counter-measures get set. Plus you then have the last line of defence waiting in Israel.
Yet. Only ‘most are shot down’!
A 10 year old girl is severally injured and I guess many more.
But the point is what happens when you launch 1000 drones at a UK frigate ‘puffing its chest out’ in the Straits?
Or for that matter 10000 at a US carrier. Even if they shoot them all down. Burning some £1.5m a pop missiles taking out a £5k drone. What next on the third wave?
The straits could quickly become like the Black Sea. A no go! Or for that matter how Kharkiv is becoming but the world seems to have forgotten!
I think the defence ineffectiveness is why The West aren’t giving a kill count. They are pretty sht are ‘shooting clays’!
A critical lesson and back to the drawing board and/or a massive rethink on the laser tech!
As for our frigates, ‘sitting ducks’. They can’t even fire starboard and port simultaneously at scale. We can’t even stop a frigging boat crossing the channel! We don’t even have surface to surface missiles on board to hit land targets! Let alone have the armed services resources or supportive patriotic population for that matter!
I can see these drones taking a major scalp soon! Lessons will then be learnt! And the Palestinian flags will be celebrating in London.
What a fking self inflicted mess!
Trek
They’re all crooks mick,
Dunno what to believe.
My idea is you pay MP’s to do a proper job. 200k or whatever is the rate. I have no idea.
They are all pie in the shy numbers for me.
But whatever, then you make sure they have no directorships, no affiliations other than to their electorate.
They should be expected to attend local government meetings and be accountable for change and vfm in their communities and the serve their country and the principles of democracy.
6 weeks holidays max!
Get the right people in of whatever persuasion that are capable and passionate about improving peoples lives and that of our country….
Any takers….. I have no doubt there are thousands of folk out there but they are put off because of politics!
Oh the irony!
Trek
I just got it in cnbc - breaking news no numbers/detail though
Trek
Hi Blue,
Some weekend reading for you….
Interview, this is the best of the bunch.
https://www.youtube.com/watch?v=WPBVtIHacJM
Admin doc. Read the lock-ins and see that 10m shred have to be sold on admission. That’s why the sp is stuck. You can see the vols on the LSE site. It won’t take long to clear. There is a 100k seller. Hence imo the current opportunity at 11p
https://wp-helix-2024.s3.eu-west-2.amazonaws.com/media/2024/04/Helix-Admission-document-final.pdf
Investor ppt. Summary of plan…you can see they are drilling a known helium fairway
https://wp-helix-2024.s3.eu-west-2.amazonaws.com/media/2024/04/Helix-Exploration-March-24-Final.pdf
Website,
https://www.helixexploration.com/
I reckon that the US DOE + a chip maker like NVDA or INTEL will invest in a helium supplier due to the recent shift in paradigm exemplified by DOE and FORD to protect critical Lithium supplies. So away from China and Africa. $2.3bn from DOE and rest from FORD…
See TRR RNS….
“ LAC has received a conditional commitment (the "Conditional Commitment") from the U.S. Department of Energy ("DOE") for a $2.26 billion loan under the Advanced Technology Vehicles Manufacturing ("ATVM") Loan PrograM”
“ General Motors released $320 million in funding in February 2023 in the largest investment publicly disclosed to date by an automaker in a company to produce battery raw materials, with the second tranche of $330 million expected before or in connection with closing of the DOE loan.”
https://www.lse.co.uk/rns/TRR/thacker-pass-23bn-loan-commitment-from-doe-iy3hztpjvd0xyoe.html
I hold TRR, lots of em! But the point is if you think laterally.
With the Chips Act and DOE security of critical commodities supply there really isn’t none much more rare and critical than Helium. it’s needed in defence and space expo.
So the He price is not the driver. The lithium price is on the floor atm yet it didn’t deter the US investment coz they are serious about protecting supply. That will be the same for Helium. If Bo finds it there will likely be other non dilutive funding options and premium offtake agreements to protect that supply.
If Trump gets in he will be more serious about supply than Biden but either way all we have to do is find the molecules and the funding doors will fly open!
Usual caveats
Trek
Hi Dodger,
I don’t have stats on IPO success rate but if you have researched hex and arrived at that conclusion fair enough. I thought the admission doc and the quality of the bod putting in their own cash in and not accepting the full amount added up to a quite convincing narrative before one looks at what’s on offer. The finance, bod and jurisdiction has to stack up before one looks any further. Then where they intend to drill is already a Helium highway. It’s the real deal imo.
I will double up there next week.
Good luck
Trek
+25% up now after averaging up and that’s without the dividends! What a ride. Been a traders dream this one. Can now hopefully look the other way and take the income.
Here’s hoping everyone is blue here soon!
GL
Trek
Hi bwf,
Like a 35p divi, cleared 9p on the trade and 26p to come as a divi.
Looks like US inflation woes is taking its toll on insurers again. Don’t get it given Phnx beat guidance in tougher macro conditions than these and most of their plays are hedged. It’s like the insti’s just cba to DYOR or just sell everything!
Usual caveats
Trek
‘we’ legal. Welcome.
Have a read through the admission doc. It clearly sets out what has to happen on listing. I posted the link.
I expected the sp to go below 10. It hasn’t so I added more. Doesn’t mean to say the 10m isn’t being churned just that it’s orderly.
I actually don’t mind if it should go below 10 as I am fortunate to be able to slice elsewhere and add more and am super confident I could take it out again at +12p leaving my average in lower. So I have a plan for both eventualities.
But for sure opportunities like this one don’t come along very often.
Good BoD, own money invested and reputations, funded plus the US geo. That’s before you look at what they do. Which is why I don’t bother with most explorers as they don’t tick the first few boxes!
Once that first ops RNS lands this will be noticed and there won’t be any point in posting. Like what happened at he1 and others.
Enjoy the ride!
Usual caveats
Trek
Just got 50k more at 10.8475. Not sure why google finance showed 11p to buy.
Won’t be much longer under 11p imo. I kept some back expecting it to go below 10p to even 8p before news comes in.
Lots of the work is already underway. I expect the BoD will be looking to beat timelines and show they can deliver on budget. Bo looks very business like and even the interviewer bought some stock!
Sitting on my hands until next week now!
Usual caveats
Trek
Art once the 10m is cleared this will move up substantially. Watch the volume. I really don’t know what is happening with TR1’s!
I also think there is PI money on the sidelines and will buy once 11/12p clears. But then it could move fast and may be difficult to buy. I am in now for the trading opportunities rather than the sp now. The primary inflection points are ahead and predictable imo.
Usual caveats
Trek
I put some back in at a tad under 512. That’s some of the ones I sold xd for 521 so got 35p divi on them! Nice!
I had parked some in SEPL as they got 3 x divi’s landing in quick succession. I already hold there so know the stock quite well and in the past it hardly moved after xd recovering next couple days. Also they have takeover news pending. Balances out the pf a bit.
Usual caveats
Trek
PAF gonna go thro 25p and 30p me thinks. The POG goes straight to bottom line. They have additional production coming on line this year. Not in sp if you look back a chart. On budget as well.
When you compare to SRB whose SP has gone nuts it just doesn’t make sense. pAF even pay a small divi!
But then for gold watch TRR. There is still a smallish seller there. When that clears which it will it should gap right up.
Just like my DEC… oh the naysayers! It’s flying! As is ECOR I tipped it to reach 100p. It’s on its way imo. Another BB that is hardly used. Nice when you find em yourself!
TXP I am still up but the sp there is driving me nuts. It’ll prob move on zero news soon!
PHNX sold a load on xd day at 521 so bagged a 26p divi. Bought some back today at 512 so got another 9p on the ones I traded which on a big pot was a lot!
HEX keep an eye on it Tecans. Grab a few before the masses and derisk before the drill. Mind you they are like 99% confident in the drill as they are drilling a structure that they know is producing already!
I3E I sold. Change of mind as better offers around. Back on the watchlist for that one PTAL has moved up it’s stayed where it is. Added SEPL instead. Gonna get a triple divi there in quick succession soon and it’s not in price imo.
Usual caveats
Trek
Sector due a rerate or is it happening?
“ According to Business Insider, gold miners experienced their best performance in a year in March 2024. During that month, the gold mining sector outperformed all other U.S. industries, surpassing even the performance of semiconductor stocks.
Still, physical gold has outperformed shares of gold-mining companies over the past three years by one of the largest margins in decades.”
https://elements.visualcapitalist.com/gold-price-vs-gold-mining-stocks/?utm_source=VC+Elements&utm_campaign=e67df38863-VCE_Email_APRIL_09_2024&utm_medium=email&utm_term=0_f3fdb4328c-e67df38863-47046010
Trek
And 2-3years of La Niña! Thanks to our resident meteorological poster!
Trek
Hi LOTM,
Yes you are correct. They may not have crossed until listing.
I don’t know why there aren’t other TR1’s yet though. If Edale posted one surely prem Miton must. Even if they sold below.
The issue i have is TR1 compliance is not pursued by the MAR it’s left to the integrity of those involved. I have sent many examples to the MAR and they have has much said they will coach and then the same institutions have carried on!
The first day volume is of note.
https://www.londonstockexchange.com/stock/HEX/helix-exploration-plc/trade-recap
Hopefully Hereford are out or have crossed. Surely we should be getting a run of TR1s soon.
I think this will liven up when the ops news comes through as many rely on RNS’s and risers to spot opportunities.
Usual caveats
Trek
Look at Nigeria’s forecast population growth. It is imo an important long term investment factor for SEPL.
https://www.visualcapitalist.com/most-populous-countries-projected-populations-2075/
Usual caveats
Trek
Good that the bod think 85.90p still significantly undervalues the company. Defo holding for now.
Usual caveats
Trek
Check out the admission document….
https://wp-helix-2024.s3.eu-west-2.amazonaws.com/media/2024/04/Helix-Admission-document-final.pdf
Page 314 lists significant shareholders…
Directors…loads of them then… it lists corps…
Prem Miton Investors at 4,125,000 or 3.4% (no TR1 yet)
Edale Capital LLP at 3,750,00 or 3.1% (aligns with TR1 of 10th Apr)
Oberon are’nt listed in admission, the TR1 indicated they picked up 13962821, 11.42% on 10th April but the TR1 says...
“Country of registered office (if applicable)
5. Date on which the threshold was crossed or reached
10-Apr-2024”
I confess I don’t know what that means. First time I have ever seen those words in a TR1. But my deduction from the additional info is Oberon have bought +11% of HEX.
The finances are v transparent, the warrant summary is clearly listed on Page 330.
I have now built a spreadsheet with the finance pivots that ‘I know’ and paired it with the anticipated expo program. That should help me trade some hold some!
Oh so don’t folk like to hear that?
So how many of you AIM sycophants have actual read the admission doc or even printed it out and had a go with a highlighter pen. Obviously that’s a rhetorical question!
How many have a trading calendar with key dates against progress and finance burn. Surely you should have that by now. I mean it’s basics. When will HEX run out of cash? Do folk have so much cash they can just chuck it in? If I have invested more then I get paid in a year don’t you think a few hours proper research is needed?
I even pointed out something I can’t fathom yet, but I will work it out!
Good luck to the ‘small punt piggy backers’ coz you know what I think all those ‘smaller’ trades of a few hundred quid make a difference!
Usual caveats
Trek