Member Info for wakeyinvestor

JPP88, I voted against that resolution and IMO others should have done the same.

We’ve also got a dodgy AIM market but they can’t manipulate the SP forever, patience needed.

I hope so. I thought it was a good RNS (what do I know?) but there seems to be concern that the $2.5m won’t be arriving any time soon because GOI will procrastinate in approving the deal. As such the fear is the company may need to raise funds in the meantime. Why a placing though (assuming Roland gets the approval in the GM tomorrow) when really all we need is a bridging loan / temporary debt finance?

Whilst not happy it has come to this, we have to be mature and accept that this action may be necessary for the survival of the company. If a placing becomes necessary to raise the funds to pay off the debt then that it what needs to happen, we really don’t have a choice. You either believe the company can succeed with or without the fructification of the historic parcel or you don’t. If you do then you may remain invested but if you don’t then perhaps you should bail. Personal insults against AP achieve nothing.

Yes, non-refundable deposit more accurately represents the situation. It’s not a loan really so I stand corrected. Let’s hope the rest of the money comes in soon.

This should come good. No one makes an interest free non- refundable $2 m loan for nothing. IMO

Gordon, thank you for following up. Appreciated

To do a placing he needs to get authority from the shareholders and that takes time (an EGM is needed), so he’s really leaving it late in the day. I think he’ll get bridging finance and expect an announcement on that in the next few days

Hopefully impatient people will jump ship so we can buy more cheap shares. Beggars belief that those who bought earlier this week are bailing so soon. So fickle. I predict the RNS will land early next week - no basis for saying so.

Neil777 Please can you pop over to SYN and work your magic there. I decided to buy HE1 on Monday and sat at 2.87p - should have waited, but not worried now placing out of the way, this is a long term hold and hopefully an asset for at least a generation. This will be my second LTH along with GGP although SYN might well become a third!

Hopefully there are few or no PIs who set stop losses at 2p. That would be very unfortunate not to say irritating. Hopefully the SP recovers towards 3p in next day or so.

Drizzy

0.2p surely, although 20p would be a dream. Hope so, this could be the next big multibagger after HE1.

The recent success and mammoth SP rise of HE1 will hopefully give a boost to the whole oil & gas and mining exploration sectors, heaven knows we need it.

Neil777

Just posted on HE1 chat to wish holders the best for next week, the LTHs have had a torrid time of it, so let’s hope the news is good. As for ENET this is for me a lot less risky as it doesn’t rely on a binary outcome. I’m in ENET but have missed out on HE1. Unfortunately I’m also in Vast at a high average when investors were hopeful of the so called historic parcel being delivered and sold ( we are not supposed to call it diamonds apparently).

Just wanted to give investors my best wishes for next week when hopefully the RNS you are hoping for materialises. Those LTHs that have a high average pre the last placing have had a chance to average down and just need Lorna to put the ball in the back of the net (to use football parlance). Unfortunately I’ve missed out on the HE1 recent SP rise but nevertheless I think all investors in small cap mining companies will do well if HE1 succeeds as it will hopefully provide a huge boost in confidence that the sector needs.

I am an investor in ENET, increased my holding by 40% yesterday at 1.30p before it dropped. Average is 1.81p so hoping it comes back. I’m not an investor in HE1 and am a tad bitter I missed out on that one. Hope that’s transparent enough for you.

HE1 is like a game of musical chairs. Don’t be left holding the shares when the music stops playing. Once HE1 news lands and it disappoints the money will migrate to ENET IMO.

I think he wants you to know, being the wind up merchant that he is.

The catch is the process isn’t patented (yet), the project still needs state approval and the financing model needs revamping (hopefully that doesn’t mean placing and shareholder dilution).

Supreme SP has gone up since the news yesterday on disposable vapes and Chill should do so as well once placing shares have been cleared. IMO and DYOR