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Helios Energy Ltd

The Company has adopted comprehensive systems of control and accountability as the basis for the administration of corporate governance.  The Board is committed to administering the policies and procedures with openness and integrity, pursuing the true spirit of corporate governance commensurate with the Company’s needs.

To the extent applicable, our Company has adopted The Corporate Governance Principles and Recommendations (2nd Edition) as published by ASX Corporate Governance Council (Recommendations).

In light of the Company’s size and nature, the Board considers that the current board is a cost effective and practical method of directing and managing the Company.  As the Company’s activities develop in size, nature and scope, the size of the Board and the implementation of additional corporate governance policies and structures will be reviewed.

ASX Code
HE8

Sector
Energy

Website
https://www.heliosenergyltd.com/

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News

Helios Energy: This Is The Real Oil Play

I am going to highlight Helios Energy (HE8) again, because this is a magnificent story that has only strengthened since I last discussed it on May 3, 2019 Helios – How Good is the Oil? and actually on my count, this is the sixth time I am writing about it since it listed in back in August 2017.

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Helios Update: Results Shortly On New Oil Basin?

Helios (HE8) was a company that I recommended back on the 8th December 2017 as one of my preferred plays for 2018 and one that was one of my largest holdings to reflect the unique position it presented. The stock was trading around the 6c mark at the time and as I write this column the share price is hovering around the same levels. Not the best return so far but for the patient could be very well rewarded shortly.

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Helios Energy (HE8): On The Verge Of A Major Oil Discovery?

As I noted last week, as we round out the year each week I will highlight my best plays for 2018. There are three factors that I base my trading decisions on; 1) technical analysis which forms the bases for my short-term trades and entry/exit timing of longer-term holdings 2) macro trends where the sheer volume of money and/or fundamental changes create a long-lasting re-rating within an industry and 3) successful management/investors.

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