NEWSFLOW

Helium One (#HE1) – raises £6.3m at 6p per share

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If you take a punt on the Helium One drill then the odds definitely aren't in your favour, but this type of drill will always attract PIs

Helium One Global (HE1) is always one of those companies that attracts a lot of attention around drilling as helium is a commodity that is in-vogue, and the amount of prospective resources is large.

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I'm not a fan of Helium One, but for those who want to buy for the next drill I'd expect an opportunity at a lower price in the coming months

It’s been over a year since I last took a look at Helium One (HE1), and during that time the shares have more than halved from the level where I flagged it as a company to avoid.

NEWSFLOW

Helium One Global (#HE1) – increases 5p per share equity raise to £9.9m

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Drilling disaster for the massively over-hyped Helium One Global

Helium One Global (HE1) seems to be yet another in a long line of natural resources exploration companies that got way ahead of itself in terms of both shareholder and management expectations, before coming crashing back to earth when actual drilling gave it a reality check.

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Would I take a risk on Helium One exploration drilling? Definitely not !

I’m always happy to take a look at companies at the request of ShareProphets readers, one of whom recently contacted us asking if we would have a look at Helium One Global (HE1).

NEWSFLOW

Helium One (#HE1) – placing/subscription to raise £10m at 10p per share, a 15% discount