Excellent! Scooping up more on the lows 
It could be due to the news that they’ve said a September start date, maybe the markets were hoping for something much sooner
Do you think it’s a good idea to buy shares around the 9p mark? My average share price is 6p right now.
Assuming price will increase when they begin drilling, potential to go even higher if they can get to the helium and then extract it.
If everything goes to plan then 9p is still extremely cheap, right?
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Nobody can/should give you financial advice mate.
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I’m asking peoples opinions/thoughts on the subject, not financial advise.
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If they make a discovery, 9p would have been an excellent buy.
If you like the company, the board and the project…go for it. Just remember this is high risk and still has only a 14% chance of commercial discovery.
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Oh I’ve been following this company for over 2 years. Been through the ups and downs of it all. Just wanted to make sure that my thoughts on it are shared amongst the community. So thank you 
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Talking about hard earned wedge…I`m a low earner but I have nearly a full years salary on this… 
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Sorry, just how your question came across to me. All the best.
Hi Daven, I admire your confidence in this company. To have a full year’s salary invested seems a bit excessive IMHO
With such a large sum invested and considering the possible increase should a commercially viable prospect be found, the upside could be considerable.
If this was the case i would be wanting to sell to realise my gains as I think that this share is not for widows/ orphans and silly old gits like myself.
But with the sums involved and the possible gains i would in this case hold the shares in a stocks and shares ISA to avoid any capital gains issue.
Any thoughts?
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This remains a high risk high reward stock. A chap on the LSE a year ago said he lost £50,000 in paper losses.
If you’re investing a year’s salary definitely take profits and don’t risk losing your capital. It could be a duster…
I am invested…
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Selling instalment gains under the CGT threshold, and transferring to your S&S ISA, can be easily achieved if thought out accurately. Obviously if you sell them all in one go, this could be troublesome for those high tax payers!!
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No where near my A.S. Invested in this. The risk is far too high to even consider that level of investment. 4 months worth will be a plentiful return for myself if given the return prospectus I’m aiming for is reached or even surpassed. All good to you though, hope you win big!
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Personally I don’t think we’ve seen the last of the lows just yet. And a less than 20% reveal of the good stuff plays on my logical mind far to much to invest anymore than I have… think I will wait now until they have the drilling staff actually in place and READY to drill…
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Hi, well to be honest I did have alot of luck, I bought before the rise in 2021 and sold and then returned when the share price dropped again. I could not believe my luck and since then i have been following very carefully all the progress. Another bit of luck was buying @5.2 into another isa account at trading 212 i opened just before the rise the other week. That was money i can not afford to lose. Im riding alot of luck so far, as HE1 is only share ive really been interested in. But i wont tempt fate, Im going to sell one isa hopefully if it reaches 12p near to spud and have a free ride with the other. Thats the plan
Ty Darius , good luck to you too
Yes thanks for advice, I know its still something like a 14% chance of commercial success. So its still a massive risk with big stakes.
I do have a plan, i hope i stick to it lol
Daven, whilst I accept that you have had an element of good luck
It sounds like you have made your own luck by making some good decisions.
My understanding is that HE1 have just purchased their own drilling rig. I suppose this will give them much more flexibility with their own drilling program. Their new well should be of a much higher standard than their last attempts especially as they are employing professional well loggers and cementers. Hence I am looking forward to the results.
If we do get a positive result what would the next step be? I would imagine some form of downstream treatment will be required All quite standard equipment but expensive especially if it requires compressing and liquifying for transportation. You process engineers out there might have some comments on this.
Me thinks that long before then I will taken my profits and have moved on to another speculative share.
This is all dependent upon the locals not striping the rig of anything the least bit of value. Welcome to Africa.
Ouch, at stripping the rig … but I guess that’s a reality. Here’s hoping the security gets paid more than scrap value.
Just hoping for a successful drill here…
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88000 shares, let’s go!
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