HLX - Helix Resources

[mobcat]

Might show a bit of leg at 50 and 60 show what this babys really worth welcome to the real world HLX

 

[Sean K]

Might show a bit of leg at 50 and 60 show what this babys really worth welcome to the real world HLX

Take a few deap breaths mobcat. Breath. Breath. Let's hope it holds above all time high before ramping it any further. Cheers!

 

[mobcat]

Never really felt this one needed a hand Keenas it,s only a matter of time IMO they are still out there just a matter of finding them and backing them as we all no

 

[Go Nuke]

I agree with YT.
I saw the price action today and thought.."oh there must be an announcement coming":cussing:

I gave up waiting for HLX to drop back down to 22c range and planted my money into AVO before the break.
Still have exposure to HLX but I guess I didn't go too far wrong with AVO.

I'm waiting to get into AQA at the moment. I haven't really seen too much action there that might indicate an ann from their end...or maybe they are just better at keeping a lid on it.

Besides, I believe that Aussie shares have had a good run lately so surley we must be due for a down day on the market?.

 

[powerkoala]

well, in my opinion, today sp spike on helix is really crap.
i didn't mean to insult anyone or holders though.
usually ppl just bought 100k shares in the same price range.
but the second buyers (whoever s/he is) just bought everything from 24.5c to 26c in one hit. that is equal to almost 500k shares, then followed by the next who did the same until sp become 29c.
i know this is good, but is this legal?
knowing inside trading and ASIC nor ASX didn't comment anything on the SP hike?
well so far, i agree with YT about how bad inside trading on helix though.

 

[jtb]

Well I got to say I felt a bit better today after SAU's last couple of days.

It was a toss up between the two last week @ 25 ish and buying more HLX won out.
Needless to say watching 25 to 40 c on SAU made me a bit dark

Looking at the chart do you reckon somebody knew the Macquarie ann' was coming yesterday

 

[powerkoala]

Well I got to say I felt a bit better today after SAU's last couple of days.

It was a toss up between the two last week @ 25 ish and buying more HLX won out.
Needless to say watching 25 to 40 c on SAU made me a bit dark

Looking at the chart do you reckon somebody knew the Macquarie ann' was coming yesterday

ergh ? sorry to interrupt JTB. but are you sure you are in the right thread ?
as the chart you post and your comment is about SAU not HLX
regards

 

[jtb]

ergh ? sorry to interrupt JTB. but are you sure you are in the right thread ?
as the chart you post and your comment is about SAU not HLX
regards

Yeah mate,

Re-reading it just then, I see that I certainly knew what I was talking about (even if it was jibberish to anyone else)

Was cursing the obvious inside info (wed) on SAU yesterday and your comment continued on the concept.

Anyway still in love with HLX.

What do you reckon - next resistance @ 65c or $3.16

 

[mobcat]

I love that chart JTB i think i might frame it lol $ 3.16 i love it.... now thats my kinda resistance i give you the drum right now you wont get no resistance from me mate i will even prop and cap it at the same time

 

[mobcat]

Blue Skys Boys and the forecast is Anns and Oppies lol and sun showers raining $ coins just thought i would throw that in for you Kennas it never rains in Peru do,s it

 

[Sean K]

Blue Skys Boys and the forecast is Anns and Oppies lol and sun showers raining $ coins just thought i would throw that in for you Kennas it never rains in Peru do,s it

Actually, Lima has 7cm per year!! I hate blue sky, no resistance.... Harder they climb, the harder they fall. Be predunt with taking profits, or using trailing stops....

 

[mobcat]

I put 100k up at 36 today Kennas and you no what i have a felling they might go today or tuesday and if they dont drop below 36 again im coming to PERU and drinking all your red stocks mate so look out

 

[jtb]

Been going of the Annual Report looking for any other clues

I noted this mention which sounds like we may have a rig slot re: U308 shortly too?

 

[Go Nuke]

Been going of the Annual Report looking for any other clues

I noted this mention which sounds like we may have a rig slot re: U308 shortly too?

Yes but they have been held up by environmental issues.

I'm not too concerned about the Uranium aspect of HLX at the moment, although it WOULD have been nice to see a start on some drilling

I'd say that its the gold and Iron ore that HLX is involved with atm.

Shame i sold those shares after holding them scince Feb
Oh well..its a learning curve

Sorry this is a bit offtopic but there is no thread for AQA. I was just wondering..is there much value in AQA at the moment?
Ive heard alot of people talk about HLX and CUL, but I'm just curious where AQA stands on value.
Thx
GN

 

[mobcat]

You would have to start to wonder where HLX SP will end up on some news we have been so starved of any updates of late that when head office pops some script if it,s positive we should rally hard alot of investors on the sidelines of HLX awating IO update with AQA whats the bet we get it after the oppies list interesting month ahead i fell....... iam tipping xx cents HLX by oct 30th big call but all it will take is a update IMO ....time will tell bring in the 8 to 1 tommorow if they get to xx the heads that puts our brand new shiney oppies at around xx to xx wouldnt that be nice .....all is possible the patient will win with this one no doubt

 

[Sean K]

..... iam tipping xx cents HLX by oct 30th big call but all it will take is a update IMO ....time will tell bring in the 8 to 1 tommorow

I think after people are set with the entitelment the sp will come off. It will take quite an ann for the sp to be supported like this from then IMO. Unless there is something I have not seen...

 

[mobcat]

Sorry Kennas but the fundies are like a old pair of bog catchers they have been done to death on this one we need news to move forward oppies are a stimulator but we need some new fundies to move forward pref modeled by Jen H .........But seriously news is coming i can feel it Wheller hasnt bought for a while the stage is set for it Oppies etc nows the time just my opinion but the books been written on this one by head office some time ago testament to the director activity all it needs is a positive market to follow through hard

 

[Sean K]

..But seriously news is coming i can feel it

I'm with you Mob, but your, or my, hunch doesn't cut it for the minute. I also understand the funnymetals have been done very well by YT and jtb, so perhaps reference to their targets gets you off the hook in the future!

 

[jtb]

Yes but they have been held up by environmental issues.

I'd say that its the gold and Iron ore that HLX is involved with atm.

Sorry this is a bit offtopic but there is no thread for AQA. I was just wondering..is there much value in AQA at the moment?
Ive heard alot of people talk about HLX and CUL, but I'm just curious where AQA stands on value.
Thx
GN

Hey Nuke,

Yeah I must have been reading too many annual reports as the statement was very similar to that stated previous on looking back.

As for AQA -being a 900 million dollar company she's a bit different to Helix and CUL so I won't attemp a comparison. Also I wouldn't look at it until the legal issues are resolved.

I think HLX will may well close the gap on CUL shortly and settle low to mid 40's (around 50 mill MC) simply due to people looking around for iron value (particularly with the forecast Fe price increase again).

From the desktop studies calculating a $20ish per ton margin (@ $45-50 per ton) than you could be looking at a base case of 1 to 2 MT of Helix ore shipped per year or $20 - 40 million profit p/a.

This is obviously just a guess at ore being shipped from the JV's being spread at an arbitrary 70% AQA - 10% RHI - 10% CUL and 10% HLX and is purely to get an idea of value.

It appears that AQA's legal tangle may have put back the PFS as I see in the last ann' it states its now due this quarter not the third as was stated previously.

Either way I think a lot of value is about to be seen in HLX

 

[Miner]

Dear JTB and others

No news here but a sincere appreciation on the discussion and information you have exchanged.
Simply great and considering such wealth of information is being given without any charge.

Please keep it up for enhancing the knowledge base for many dummies like me.

Regards

Miner