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Solo Oil Share Discussion Threads
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|I was waiting for an exit point as I am overweight in AEX and Solo. I now believe that SOLO is the better option and perhaps I should dispose of AEX instead.
I also have to review my recent purchase of Primorus (PRIM) as I thought this was a cheap route into HHDL.
Nice position to be in, but too many eggs in too few baskets.|
|Good points Ed, already in and have been since 2009! so I'm not wishing for this to drop, just had some big disappointments here over the years with many many placings etc. GLA|
|Dont forget oil will rebound sharply soon enough and when it does all oil stocks will start to move upwards on a regular basis for sometime to come we are in an oil cycle.|
|You wish 1bonanza as soon as the news is released we will be off at the races hahaha and dont forget thats not the only news we await, fingers in a few pies here it will be news news news and once we have the update and moved over 1p at least then there will the chance for solo to take up the other 10% very quickly so we dont have to let small things like this bother us.
We are in this for how long as it takes as we will be in double figures and I dont think we need to wait a year for that.|
Not a worry at all, it could have been at a discount to current market price. As a result we've now hooked up with a heavy weight team of significantly successful individuals at Helium-one. Former board members at Ophir have had significant success in drilling Tanz. Then as you mention we're awaiting the resource upgrade from Ntorya as the reservoir quality, thickness and pressure all came in ahead of expectations. No wonder you're keen on a few cheapuns.
|Timing would suggest Ntorya is reaching maturity as an investment. Looks like a potentially huge venture, exciting times but going to take a while to sink in. Solo can sit patiently in my SIPP.|
|Of course the other worry here is that these shares were placed at 0.54p with the knowledge of bad results from N2, getting the placing in before a drop in share price GLA|
Found the director list second time around. Did not look for it too closely as I took Companies House registrations as prime source.
Reckon that the Solo shares will be sold off as soon as practical to raise cash for the next stage(s). Interesting to see who else buys in.
Still looking for the Norweigian based company.
|Look at this for a management team:
You sure are, start with looking at their website. :) Then check out who NSAI are, they're the ones that verified their prospective. Also why build a helium liquefication plant before drilling the wells, surely they'll have a little other work to do first, like drilling a few wells, proving up the helium etc. If they prove anything close to that P50 its worth $bns, £40m would be small beer in comparison. SOLO have taken the early mover advantage. Just imagine what cash flow from Ntorya or sale could do for these helium assets in a year or two.
|So much news about to come out I dont see what the problem is just jittery novice investors hahahaha sell at a loss is not on the cards for me, best keep topping up when you can as this will be over 2p soon|
|Do your dudiligence properly then|
|So, who are Helium One.
Early statements from the Tanzananian Minerals Ministry indicates they are Norwegian?
The Norwegian (?) CEO is the one man director of Helium One Ltd registered in the UK in 2015, and, to date, have filed no financial returns with Companies House.
SOLO supplying £4M to Helium One, which is 10% of the £40M of funding that Helium One estimate that is needed to develop this venture.
So, Solo have supplied 10% of the Funding requirement to what is essentially a one man company!
Hope, I am wrong.|
|football get as much confetti as you can as it will cost a lot more to buy soon hahahahaha|
|c31161 two quick points firstly timing I was thinking about putting some more of these in an Isa so timing is better for me and maybe a few more thinking along them lines, has for the number of shares issued I know at the end of the day it's the market That counts but if you keep on issuing them in the market Doesn't grow the shares become like confetti and probably worth the same price|
|That was supposed to say irrelevant|
|Billy Buffin anonymous of shares is irrelevant, it market cap the counts|
|thehitman1 Why would I sell... I'm for as long as it take no rush to sell no matter how low it gets, I see this as a great buying op|
|Will be 7,846,756,009 SOLO in issue, more than Shell's 6.3bn !|
|I wonder if DATA is still holding, lol.|
|I can't understand why NR didn't wait until the share price was higher|
|Top up on a regular basis that what I say.......... This is great news for Solo and we have a lot going for it. Fingers in different pie's. The only way is up and them that sell out will be left wishing they just sat back and done nothing no point in getting in a panic if you and you should never gamble with money you don't have.|