Member Info for wyndrum

I Think PP, you can just google HL, click on the website and get the info without having to sign up or anything.

Just click on "shares" then type in in SN. and when the main screen comes on click on "HL Research".

As I say it looks well balanced to me.

PP, there is a pretty good balanced view/synopsis on HL if you have not seen it?

on a more shorter term chart, a break above 1257 needs to break the potential double top that has formed. If it does in the near future, then 1350p would be the next target.

A close below 1225p would trigger the DT formation with further falls to at least 1193p

ITV, I only offer some reasons as to why I think the SP is languishing at these very low prices considering the potential.

Clearly (whether we like it or not), the market is not convinced HE1 will be successful after last years disappointment.

DM's pronouncements are not to be taken at face value, as he will always talk up the potential and ignore publicly the inherent risks.

(Planned drilling this year is not the same as we will drill this year... Plans can change)

None of this means this won't come good but its not a slam dunk. We all thought it was a slam dunk last year and here we are again, HE1 poorer but no further on.

All the exploration they have done now, clearly HE1 thought was unnecessary last year when they started the drilling program. Which means, given after the "failed" drills, that there was not enough geological studies done then?

It reads to me, and this is just my personal thoughts, but if HE1 are going to go it alone (ie no JV at this stage), then they have not got enough money for a proper drilling campaign which I would suggest is a minimum of 10 drills.

In which case, I think there is pretty good chance that there will be a cash raise prior to the drill. That potential dilution could, likely would, see the SP drop in price.(I have for instance kept money aside for this scenario in case it happens.)

So if my logic (and its just my opinion), is broadly correct the market will also be waiting for a bit more clarity before buying in.

Anyway, it was just my answer to your question as to why the SP remains so low.

Who knows, its all a crap shoot......

Do you want to buy in at 9p with an unknown chance of success or 20p say, with a100% chance of further gains over the coming months and years?

Helx, Were you referring to my post?

ITV, until HE1 actually discover commercial helium then its a non company that will go bust.

They have had one/two goes in an area that is awash (apparently) with helium and came up with nothing.

Now they seem unable to put a driller in place to carry on.

So, the market which has a healthy scepticism, would like just a tad more certainty before piling in, particularly as there is at lease the possibility now of a dilution before any helium is drilled for, let alone "discovered".

So its is very sensible to wait and see what occurs rather than gambling at this price with this level of uncertainty.

FWIW, Looks ok, its come back to s a support at 298p and starting to move away with a 316p target to begin with and then 332p as the 2nd target. (DYOR etc)

What is interesting is the links that DV already have with China. If this is something they would like, given how they have combatted Covid, then that is a big market for testing....

Princess, if they sit on their hands and do nothing then yes, sure, but not if they want to have more than 1 or maybe 2 drills. My guess is DM does not want to be limited to one deep drill again in case there is a problem/duster.

(Money in the bank was deemed a "problem" last year, as there was not enough for a comprehensive program which is why 4 drills (which if memory serves was the original plan), never took place.

So given prices have increased and we have less money in the bank since then suggests that we need more Moolah than we have available....

it normally pays to assume the negative view of any AIM co.

Currently without a driller, he can't say where he will drill, how many drills will take place, or when.

The SP has fallen back because of this "uncertainty".

The best case is that this is resolved very quickly and a driller is found and the info can be given to the market.

The worse case is, its too expensive so a cash raise become necessary prior to any drilling.

Hence the SP has stalled and fallen back.

Given there is still no news I am expecting a cash raise to come pretty soon to fund what has turned out to be a more expensive drill program.

The good news in that scenario would be that it is funded without share holder dilution, but I doubt it.

Hi D, yes our hol very nice, thanks :0))

Everything you say is true but increasing revenue with increased losses does not bode well.

For me, to keep harping in about revenue growth (not you! CC!), suggests that is the only bit of "good" news, but there is nothing specific about profits (other than margins have fallen), which is the key indicator.

As now they are selling more than ever, but losing more.....

I agree CC seems pretty good but time is running out and they don't as yet seem to have found the game changer for profits/revenue. (It is good that revenue is up but its too slow for their situation, I think.

Anyway, fingers crossed it pans out and it takes next to nothing for the SP to move 20-30%

CC did mention the competitive environment but as you have highlighted, the competition never seems to stop with more coming to market replacing those that may have fallen away.

But..... DFS... That could be the saviour.

Very difficult decision I think.

(you still in RR? .I dipped in (Luckily) a couple of weeks ago) and expect 125p to be an exit price)

Just my 2 cents as usual.

To me this is now a dilemma, (the definition being there is no solution).

The company says France has been disappointing, cash in the bank is getting very short and it is still loss making with new, imo, substantial headwinds to deal with in terms of increasing sales. (Therefore I see losses increasing as profit margins are under more pressure and sales may well dip as well).

The company, profit wise is actually going backwards. So my money would be on them going bust, (maybe private). Also I was disappointed there was no initial sales update regarding DFS. (I know its only been a few weeks but there was nothing to lift these results and anything would have helped.)

But,

DFS... That deal allows for the potential of extra sales and you would think that DFS has confidence for EVE to be around for a while.

On the other hand it may be no skin off DFS's nose as to what happens to EVE: They worked out a very good deal with EVE and are happy to sell them while they are available? Who knows.

Would DFS buy out EVE? Perfectly possible and a not unreasonable thought, but does not mean they would. This might even be just a go to see how well they sell without any commitment, and if they sell well, buy them out, or if not don't bid.

So, I think if no bid then EVE is finished, or the tie up with DFS may result in a bid. What to do?

Sorry I can't see a bit more light in this but the results, imo are showing continuing decline in a very discounted climate that shows no sign of abating on a company that has never made a penny profit in its entire existence.
Without a bid then I see a steady decline in the SP to reflect the likely rate of decline in the bank balance as that is all the value the company has from a market perspective.)

As always DYOR

I too like most here, was surprised to hear that a rig company is still not in place yet.

It seemed to me talking about more, new geological studies was a sop to try and soften the lack of drill progress.

right now given the vagueness of the "rig operator", we seem to be where we were last year but a bit poorer.

Which means simply, as others have observed, that a fund raise is more likely sooner rather than later. It also means that the fund raise (in whatever form it takes), will likely be before a "discovery".

Given the potential and the actual very slow progress would suggest to me, that the market generally is sceptical on HE1. I would have also though a takeover would have come by now, as well.)

Anyway, just my take, but it remains as high risk as ever.

Maybe it is the uncertainty that part of the ceasefire/withdrawl will be dependent on the west removing the sanctions and therefore the high price of commodities will be short lived?

Prof, I don't know, but we have had no other news released anywhere that I am aware of, but when we do get an RNS the SP hardly moves at all. So my conclusion is that they are related but the rumour got ahead of the official announcement. (It has been known to happen before)

We have seen on spikes before that the SP can move dramatically quickly on no news so it might be just that, but as I say, this has been followed by an RNS.

It may be leading to a feeling that the bank balance is better than market expectations and this RNS supports that?

You must be very happy with the SP Plasterer, given your wish has come true?

bitl, where exactly was the criticism?

All I hear on ths BB is how many strings the AVCT bow has and this was one of them and it turns out it has been a loss maker

Its good that some money was clawed back in the sale and that a drain on the company has been stemmed.

Has anyone ever posted that the animal division was anything but a great subset of the AVCT product range?

Jeeze you are all so desperately precious to stop any ordinary conversation. its really wired, but you don't see it.

the non movement of the SP suggests this news might have been leaked out over the last couple of days and thats where the recent rise has come from.

Glad to see loss making activities curtailed but at the same time many on this BB thought this area was a good money spinner in its own right and not loss making at all.

Just a reminder that we actually know very little if anything of what goes on at AVCT to be able to judge the risk of the various holdings we all have.

As always, the golden rule is, don't over commit.

Plasterer, will you be just as pleased if it falls to 7p or 6p or 5p?

You will have to explain to me how, when you buy shares, you make money as it falls.

DGU, FWIW, its a bit lazy I think, to "assume" every SP fall is in some way or another the fault/manipulation of "traders".

It really does not work that way.

IMO, The SP has fallen back because the market has discounted the POTENTIAL of the DFS deal until it gets updates on the headwinds of increased costs and overheads.

Its understandable that if EVE is still struggling just to get over the line of B/E then extra costs might push that back in time and then the bank balance comes in to play which in turn could lead to a fund raise.

The "worst " thing you can say about proper/professional traders, is that they don't get carried away with the bull case and are happy to take profits when they are staring them in their bank balance.