When? Nothing is guaranteed unfortunately.
Finding the helium is stage 1, many more steps to confirm they can extract and it’s economically feasible.
My friend had british oil and gas I think they same find something everyone wants to be their friend if don’t drop.
There is news but obviously it will take some time until substantial news comes around with respect to re-drilling or drilling at the other targets.
They just posted an interview on Twitter, have a listen:
There’s also a recent (11th August) analysis by Hannam & Partners. You can find that one online fairly easily, e.g. linked on Twitter.
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For anyone interested, there has been a nice write-up of recent events by user u/RLBreakout over on reddit:
The Hannam & Partners analysis I mentioned in my previous post has now also been officially posted on the HE1 website so I think it’s now fine to post it here (if it doesn’t open, try disabling adblock or using a different browser - for some reason Chrome refused to open this for me while Firefox had no issues. The link definitely works.):
As always, I’m just sharing this information with you guys in case you are interested. I’m not advocating any particular action on the basis of the info I post.
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I’m staying put. Would love a break in life .
Same here losing a lot
The market and the investors are waiting for an update from the management….until the next positive news we’re going to experience some turbulence. I’m about to get rid off the stock…it’s bleeding…
I just bought another 200 shares… although I’ll probably come to regret this over the coming weeks
Currently nobody loses anything until they sell…this company goes one of two ways possibly a third, they pack up and go home everyone loses, commercial extraction becomes a reality everyone wins, they are bought up by a major gas company and everyone wins. This is a speculative venture, it sounds like you’re in the wrong area of investment if you are fretting about a stock like this. Buy a Lifestrategy and relax would be my advice.
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High risk / high reward. Think of AIM explorers as a 25/1 shot in the Grand National.
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man’s gotta make at least one bet a day, else he could be walking around lucky and never know it…so on that note I’m going to buy more
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Down 18% today for me, hoping the next 6 weeks its bounces back up!! Hoping theyre moving forward secretly without telling investors at this rate
I am going to buy more if this bottoms out a bit more… In the pure hope it bounces back in the next few weeks.
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Same here need to buy more
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Remember that this is still highly speculative.
Value is not what you pay, it’s how much you get for what you pay (risk, cash flow, potential return, etc). High quality companies don’t usually sell off like this.
Assuming that a stock that has sold off is now undervalued is a very common mistake. Just because it dropped 60% doesn’t mean you are getting a much better deal. The company sold off for a reason and buying in now you are taking on much higher risks. In fact, quite often the actual value of the company drops more than the share price so you are actually getting a worse deal.
This is not financial advice just a reminder in case someone thinks that buying more now will somehow reduce their overall risk (buying more means gambling more with potentially worse risk/reward ratio).
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Everything you say is of course true but penny stocks for drilling and mining companies absolutely do have crazy drops like this upon unsatisfactory news, it’s not unexpected and doesn’t really reflect the company as much as it is simply in the nature of the business proposition of all exploratory ventures. If they get good data it spikes, if they get no data or a setback it drops.
But it is as you say, if you invest more make sure you know you’re increasing the total amount you could lose and that short time trends don’t indicate long term ones. Investing more to bring down your average CAN be good but it can also significantly increase your losses. Can’t give advice but just make sure you are only investing what you can lose in volatile stocks.
In terms of news, nothing relevant changed since the stuff in my last post so this isn’t a bounce in response to new data.
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I never spend more than £10 at a time and am willing to wait years for any money to come back.
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Eh 10 quid
Yes, if you are buying quality companies, with good earnings and/or growth, but not with a coin toss (or worse) odds. It just doesn’t work long term.
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If 10 quid is your financial comfort level then 10 quid is a good amount. Investing according to your own budget is rule #1.
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