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HEV Helium Ventures PLC

3.75
0.00 (0.00%)
- - Closed
Realtime Data
Share Name Share Symbol Market Type Share ISIN Share Description
Helium Ventures PLC AQSE:HEV Aquis Stock Exchange Ordinary Share GB00BLR8T846
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 3.75 0.00 -
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- 0 3.75 GBX

Helium Ventures (HEV) Latest News

Helium Ventures (HEV) Discussions and Chat

Helium Ventures (HEV) Most Recent Trades

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Helium Ventures (HEV) Top Chat Posts

Top Posts
Posted at 07/4/2005 14:18 by giant steps
Assuming the stock issue goes ahead at 4.625p, investors that feel they have
not had a chance to participate in the placing have, however, been given a
generous window to buy in the market sub-placing price.

Share consolidation may not lead to a predicted share price decline as some
posters forecast, so this may be a good entry point, imho (no advice intended).

Worth watching to see if last-minute share price support is ordered up.



Extract of propostion for EGM 11 April 2005 -

A fully subscribed placing, through Westhouse Securities LLP, of
14,828,l07 new ordinary shares (on a consolidated basis) at a price of 23.125p
per share (equivalent to 4.625p per existing ordinary share on a
non-consolidated basis) to raise approximately £3,429,000
Posted at 01/4/2005 11:22 by mpls
Just brought a small amount.
The following trade was mine, you can buy well within the spread!

01/04/05 12:14 4.588 32,500 O 4.25 5.0

In fact you can buy below the recent placing price, so if anyone has cause to complain about the discount the institutions were getting think again. With drilling to start this month and the EGM/sale/consolidation/placing/name change finalised in a little over a weeks time I think the share price will rise to at least the recent highs.
Posted at 21/3/2005 15:02 by strategy and luck
I don't own these yet (but I do hold NOP and BLR who share future drills with HEV) so from my point of view a lower price would be attractive (sorry to all existing holders!).

I wouldn't buy more NOP at 11p without further news (I have enough already) and BLR was a way to share in the rewards of Sandhills-2 at a good 'in' price (I wouldn't buy more of BLR at the moment). HEV has a few interesting drills planned for this year and at 4p (20p after consolidation) it is a worthwhile punt, IMO.
Posted at 21/3/2005 13:40 by holmespaul
With regards to your points on the consolidation exercise I agree (strategy and luck) However, with the 'new' price the 'market makers' also seem to have a habit of 'chipping' away at the new price in the medium term. It seems from my experience (about 5 companies I own shares in – 'Antonov' being the latest to consolidate) that when the price is very low (and particularly if the price / to asset is not inflated) the market makers almost 'daren't' not lower the price much further. But, with the higher price, it's almost like "Mmmm... Lets lower the price a bit, see if we can shake the tree to get some buyers / sellers, maybe?" - I am probably being cynical but I have seen it numerous times. I HOPE I am proved wrong! Interesting times!
Posted at 06/3/2005 14:00 by sweet cherry pie
Message to all the DE-RAMPERS....you have some valid points that just about everyone including the BULLS would agree on and that is that the management of HEV {and CMR} have consistantly disappointed investors with their inept performance or lack of !!!!

BUT....maybe, just maybe times are a changing....

2005....

5 to 7 wells at least to be drilled....

Share price = >>>>>>>>northwards>>>>>>>>bullish>>>>>>>>
Posted at 09/2/2005 14:36 by arpowell99
Still, more exciting than CMR eh?

I guess the price will still rise 0.5-1p just on news that NOP is commencing drilling - oil explorers usually do.
Am I right in thinking that HEVs gold resource, although smaller, seems a much easier deposit to mine than say CMRs?
Will the JV deal mean they will give it away for a small amount of cash but retain a % royalty?
Anyone care to share back of an envelope numbers for the oil (is 3p on the share price per 10m barrels too optimistic?).
How many bopd will these small operators realistically acheive. Also I suppose there is not much chance of being brought by a larger player even if they find oil at the top end of their hopes.
Posted at 02/2/2005 07:10 by sagem
A WHOLE LOT HAPPENING THE SHARE PRICE SHOULD DO WELL

Hereward Ventures PLC
02 February 2005



Hereward Ventures plc
(AIM:HEV)

Acquisition of Gold Fields Interest in Bulgarian Joint Venture

New Farm In with Industry Major Agreed

The directors of Hereward Ventures plc ('Hereward' or 'the Company') announce
that the Company has completed its agreement with Gold Fields Exploration B.V.
('Gold Fields'), which was announced on 26 November 2003 relating to the
purchase by Hereward of Gold Fields' participating interest in the Bulgarian
joint venture covering certain mineral permit areas. As a result of this, the
Company has issued and allotted as consideration to Gold Fields 1,500,000
ordinary shares of 1p each at a price of 7p each and 3,500,000 warrants to
subscribe for ordinary shares at a price of 10p each on or before 1 February
2008.

Application will be made for the new shares to be admitted to AIM. It is
expected that dealings in the new shares will commence on 8 February 2005.

Considerable interest has been shown regarding Hereward's mineral holdings in
Bulgaria. As a consequence of this interest it is expected that an agreement
will be formally concluded in the near future with a major mining company to
form a new joint venture in respect of these assets. Full details of the
transaction will be announced on its completion.

Enquiries:

David Bramhill Laurence Read / Leesa Peters
Hereward Ventures plc Conduit PR
+44 (0) 117 957 3666 +44 (0) 20 7936 9095
+44 (0) 7801 540 358 +44 (0) 7979 955 923

office@hereward.com
Posted at 09/11/2004 20:25 by sweet cherry pie
Hereward Ventures
The news during October came from Hereward's oil side rather than its mining side although a sharp uptick in the gold price cannot harm sentiment (and the economics) of that side of the business.

The Isle of Wight Council has granted the consortium involving Hereward permission to drill two oil exploration wells on the Island. The lead party in that consortium has stated that the structures it is exploring could contain a net 135 million barrels of oil (that is 15 million barrels more than we had estimated and also that drilling of both wells on a back to back basis should begin very shortly - possibly before Christmas.

On the basis of the upward revision to the size of the Isle of Wight reserve while maintaining a 1 in 5 risk weighting we have increased our valuation of Hereward's oil business from 3.6 million pounds to 4.05 million pounds. That gives us a sum-of-the-parts valuation for Hereward Ventures of 8.3p per share. Any drilling success on the Isle of Wight could push that number significantly higher within months. As such the shares remain a speculative buy.

Hereward Ventures will be one of more than 40 growth companies exhibiting at the Master Investor show in London on March 5th. For more details of a unique chance to quiz the CEO's of those company's and to hear real Master Investors like Nigel Wray and Mark Slater explain how they invest click here
Key Data
EPIC HEV
Share Price 4.75p
Spread 4.5-5p
NMS 10,000
Market Cap. 7.03 million pounds
12 Month Range 4-7.875p
Market AIM
Website www.hereward.com
Contact David Bramhill
0117 957 3666



Year to March 31st Sales (million pounds) PTP (million pounds) EPS (p) CFPS (p) DPS (p) PE Ratio Yield (%)
2002A - (0.27) (0.35) - - - -
2003A - (0.31) (0.33) - - - -
2004A - (1.15) (1.15) - - - -
2005E - (0.8) (0.54) - - - -



The information in this document has been obtained from sources believed to be reliable, but cannot be guaranteed. Growth Equities & Company Research is owned by t1ps.com Ltd which is commissioned by companies to produce research material under the Growth Equities & Company label. However the estimates and content of the reports are, in all cases, those of t1ps.com Ltd not of the companies concerned.

t1ps.com Limited is regulated by the Financial Services Authority .This research report is for general guidance only and t1ps.com Ltd cannot assume legal liability for any errors or omissions it might contain. The value of investments can go down as well as up and you may not get back the full amount you invested. The past is not necessarily a guide to future performance. The difference between the buy price and the sell price for smaller company shares can be significant. Before investing, readers should seek professional advice from a Financial Services Authority authorised Stockbroker or Financial Adviser.

t1ps.com limited can be contacted at 49 Rivington Street, London EC2A 3QB - email stephanie@tisl.co.uk - fax 020 7033 9387 - tel 020 7033 9389
Posted at 08/11/2004 13:49 by sweet cherry pie
Hereward Ventures
The news during October came from Hereward's oil side rather than its mining side although a sharp uptick in the gold price cannot harm sentiment (and the economics) of that side of the business.

The Isle of Wight Council has granted the consortium involving Hereward permission to drill two oil exploration wells on the Island. The lead party in that consortium has stated that the structures it is exploring could contain a net 135 million barrels of oil (that is 15 million barrels more than we had estimated and also that drilling of both wells on a back to back basis should begin very shortly - possibly before Christmas.

On the basis of the upward revision to the size of the Isle of Wight reserve while maintaining a 1 in 5 risk weighting we have increased our valuation of Hereward's oil business from 3.6 million pounds to 4.05 million pounds. That gives us a sum-of-the-parts valuation for Hereward Ventures of 8.3p per share. Any drilling success on the Isle of Wight could push that number significantly higher within months. As such the shares remain a speculative buy.

Hereward Ventures will be one of more than 40 growth companies exhibiting at the Master Investor show in London on March 5th. For more details of a unique chance to quiz the CEO's of those company's and to hear real Master Investors like Nigel Wray and Mark Slater explain how they invest click here
Key Data
EPIC HEV
Share Price 4.75p
Spread 4.5-5p
NMS 10,000
Market Cap. 7.03 million pounds
12 Month Range 4-7.875p
Market AIM
Website www.hereward.com
Contact David Bramhill
0117 957 3666



Year to March 31st Sales (million pounds) PTP (million pounds) EPS (p) CFPS (p) DPS (p) PE Ratio Yield (%)
2002A - (0.27) (0.35) - - - -
2003A - (0.31) (0.33) - - - -
2004A - (1.15) (1.15) - - - -
2005E - (0.8) (0.54) - - - -



The information in this document has been obtained from sources believed to be reliable, but cannot be guaranteed. Growth Equities & Company Research is owned by t1ps.com Ltd which is commissioned by companies to produce research material under the Growth Equities & Company label. However the estimates and content of the reports are, in all cases, those of t1ps.com Ltd not of the companies concerned.

t1ps.com Limited is regulated by the Financial Services Authority .This research report is for general guidance only and t1ps.com Ltd cannot assume legal liability for any errors or omissions it might contain. The value of investments can go down as well as up and you may not get back the full amount you invested. The past is not necessarily a guide to future performance. The difference between the buy price and the sell price for smaller company shares can be significant. Before investing, readers should seek professional advice from a Financial Services Authority authorised Stockbroker or Financial Adviser.

t1ps.com limited can be contacted at 49 Rivington Street, London EC2A 3QB - email stephanie@tisl.co.uk - fax 020 7033 9387 - tel 020 7033 9389
Posted at 05/10/2004 11:31 by mrkournikova
Hi,

There was an interesting paid-for-research document published by Growth Equities and Company Research yesterday on Hereward Ventures (HEV). For those who have not yet seen the document it is available here:



The usual caveats come attached with any paid-for-research document, primarily use it as a base for your own due diligence.

In light of this recent report I felt it worth analysing the possible merits of Hereward, who own varying percentages of the potentially lucrative licences we know so well about through Northern Petroleum (NOP).

Hereward Ventures (HEV)

Market Cap: £7.86 million
Share Price (mid): 5.38p
Shares In Issue:: 146.24 million

Cash

As at 31st March Hereward had £688k in the bank. £1.65 million was raised via a placing of 30 million shares at 5.5p on 7th June. Taking into account expenditure and creditors the cash position is now likely to be in the region of £2 million. Indeed, £2 million was the cash figure quoted on yesterday's research note, which is likely to have been indicated by the directors.

Value Of Assets

Subtracting the cash position from the market cap gives an asset valuation of £5.86 million. Note I am not subtracting creditors short or long from this figure.

Assets

Hereward is somewhat unique in that it has an attractive medley of assets, comprising gold acreage in Bosnia, and in Serbia, as well as having part-ownership in the hydrocarbon acreage in the surrounding Isle of Wight area.

I view the gold acreage as an extra, my main interest in the company is the hydrocarbon assets. Hereward is a far more attractive proposition with the UK onshore hydrocarbon assets. The market is placing too high a risk weighting, and I would expect there to be positive movement with the shares as drilling commences on the Isle of Wight. Should drilling on the IoW be successful then I would anticipate the assets being separated, which would make the company easier to value, as well as giving investors a choice in which assets they would prefer to invest in.

Onshore UK Hydrocarbon Assets

Hereward owns the following interests in UK onshore oil licences:

PEDL 089(Area A): 10% - The Great Oolite formation has the potential to yield between 10-15 million bbls, whilst the deeper Sherwood Sandstone could yield between 30 -120 million bbls.

Between 4 million – 13.5 million recoverable barrels net to Hereward.

PEDL 098 and PEDL 113:: 7.5% of each licence - PEDL 098 and PEDL 113 form the entirety of the IoW, bar a minor part of PEDL 089(A). This area has the potential to yield between 20-95 million bbls.

Between 1.5 million – 7.125 million recoverable barrels net to Hereward.

PEDL 099 - 7.5% This is the Portsdown licence area, forming a part of the Weald Basin. I am not entirely sure of potential recoverable reserves, I believe the area is subject to further testing.

Recent New UK Onshore Hydrocarbon Licences

Hereward was awarded a share in the following UK onshore hydrocarbon licences in the 12th round of onshore awards. Text taken from Hereward's RNS of 15th September, 2004.

Offer 1

This Licence (in which Hereward has been offered a net beneficial interest of 10 per cent.) is in the Solent and covers the western flank of the large prospect in the Sherwood Sandstone to be tested by the Sandhills-2 and Bouldnor Copse-1 wells on existing acreage in which Hereward is earning interests of 7.5 and 10 per cent. respectively. Hereward believes that the prospect has potential recoverable reserve targets of 20-30 million barrels in the Great Oolite and 50-200 million barrels from the Sherwood sandstones.

This licence has the possibility of 7 million to 23 million barrels net to Hereward.

Offer 2

This Licence (in which Hereward has been offered a net beneficial interest of 5 per cent.) is to the east of PEDL 098 (Hereward interest 7.5 per cent.) on the Isle of Wight and covers an eastern extension of a structural high trend to be drilled by Sandhills-2. As the trend continues, a series of additional independent prospects are contained within PEDL 098 with potential targets in the Great Oolite formation and possibly within the Permo-Triassic formations.

Hydrocarbon Assets

Assuming I have got the percentage net to Hereward correct then there is the possibility that Hereward have between 12 and 43.625 million barrels net. This excludes licence area PEDL 099 and "Offer 2" for which I was unable to get any potential recoverable reserves.

Say Hereward make a conservative £3 profit per barrel then the asset value could be between £36 million to £130 million. In order to place a sensible valuation at this stage it is important to attach a risk weighting, I believe 1 in 5 is rather harsh, and would preferably go for a more optimistic 1 in 4. But I shall stick at 1 in 5 at this stage. Hereward's stake in its UK hydrocarbon assets could be valued at between £7.2 million and £26 million at this stage using a 1 in 5 risk weighting.

Conclusion

I would attach a major caveat to this note in that I hope I have got the potential recoverable reserves for these UK licences to be correct!! These risk weighting figures ignore the cash, and ignore the gold assets in Bosnia and Serbia, to which a value should be placed.

We are already fully aware of the potential of the UK onshore hydrocarbon areas through our knowledge of Northern Petroleum. Clearly there is massive potential – and that is what we are talking about at this stage – for Hereward to be re-rated dramatically. Hereward is well funded, and I expect investors to witness an increase in the share price upon drilling in the coming months. This is a speculative investment, obviously.

All comment and corrections to my figures more than welcome.

Best Wishes,

Mr K
Helium Ventures share price data is direct from the London Stock Exchange

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