Member Info for Willy66

Everyone has missed an important point regarding the size of the drill pad. Lorna has already worked out how they are going to transport all our lovely helium and avoid the roads and shipping issues -

https://www.bbc.com/future/article/20191107-how-airships-could-return-to-our-crowded-skies.

Needs somewhere to land it!

He1 mentioned in Money Week article on helium last week

“ The most convenient option for British investors is Aimlisted London-listed Helium One Global (Aim: HE1). It is exploring, developing, and ultimately hoping to become a producer of high-grade helium in Tanzania. It has a large land package with very high grades of up to 10% helium. The group’s current market capitalisation is £63m and the share price 9.5p.

Investors should note, however, that this company has made many mistakes, from using undersized rigs to highly dilutive capital raises. In my view, the market value of this firm cannot be justified given the management’s record.”

If the SP increased to say £1, what would the impact on this BB be? Would it fold? 😎 😂🏖️

Skittish - did you see that 1.2m trade coming via Sentinel??😂

Yep, good day to top up if you have faith in HE1. Forced me to sell all my other stocks which were sitting at a small loss to buy more HE1 within in my Isa. Small amounts but added when I want going to when it was over 9. It’s going to balloon soon!

Perhaps Noble just walked away from Sofori not even fulfilling their own obligations under the LOI, whereas HE1 took legal advice and are following the agreements within the LOI before walking away. Who knows, Noble might find themselves on the receiving end of a legal challenge. They are very bullish about everything. Sometimes that doesn’t end well. No do they have all their finance lined up or is there still some outstanding issues with that. Actually, couldn’t really care but I do feel we will be better off without them long term.

Maybe Noble were the problem from the start. Sharing a rig might appear a good idea but in practical terms could be a bit of a nightmare with so many interdependencies. Maybe Noble were unable to conclude arrangements with Sofori and were the sticking point. Maybe, maybe….

Https://www.theguardian.com/fashion/2023/jun/27/lyma-skincare-duo-waiting-list-30000-people?CMP=Share_iOSApp_Other

It’s Friday! I’m gonna write a song called ‘I got the RNS blues’!

The farminee could of course be HE1!

28.08 I think. That’s when I first bought in!!! Follow me for more investment advice….!

Pity it’s not like this everyday. After a week of days like this I might get back to my average!

Don’t knock a small investor x

I tend to agree. If things were positive why would he step down? A sideways move maybe, but to go when he’s invested a lot of effort in getting close to a discovery. I suspect bad news on the rig.

Duster!

Only another 29m to go. Should take another six weeks.

Been topping up over the past couple of weeks and now anxious owner of 110,000 shares. Not a huge investment but big enough for me! Started buying at the peak of 28p but now sitting on an average of just over 6p. I’m sure everything will come good over the next six months or so. Will be sitting patiently and will resist any more investment! Good luck to all holders.

Must be bad news on it’s way!

It’s a merger really.

Only a ‘hold’ as my 22000 shares now have so little value.

The next step for this company is administration. They will not be able to raise diddly squat! What they really need to do right now is cut their rrp by around 40%, wait a week and have a 25-50% sale or offer. They need to shift what stock they have and get in some pennies, even if they are selling at an overall loss.

Their high cost / high margin ‘premium product’ strategy has zero chance of success at the moment. They are market entry point with only three products.

Anyone engaging with and reacting to their relatively good advertising campaign would baulk at the cost of the product and walk away in seconds. I think their pricing strategy will have nullified any good promotional activity.

Until they address this fundamental matter, it’s downwards to insolvency. Additional products won’t even make it to the point to launch.