Member Info for A-s-h-t-o-n

This is a copy and paste of Robert Price's CV from LinkedIn.

Robert has assembled and managed a series of companies in the fields of energy, real estate, and manufacturing. He was Vice President, Trust Officer and Oil and Gas Trust Energy Department Manager of the First National Bank and Trust Company of Tulsa, now J.P. Morgan Chase Bank.

In 1991, Robert formed Brooks Energy Company, active in both oil and natural gas, exploration  and production in the Mid-Continent and Rocky Mountain regions in US and Europe.

He recently sold his 75% stake in a hydrogen electrical generation business in New Mexico to Tallgrass Energy, which is funded by the Blackstone group. Tallgrass intends to spend $600 million to rebuild a defunct coal powered power that uses natural gas converted into hydrogen that will be sent to households and businesses in four state regions.

In 2019, Robert founded Brooks Range Corporation, which later merged into Total Helium. He previously served as CEO and board member of Total Helium.

He owned and managed a natural gas compressor manufacturing company and rental business, S&R Compression (now S&R Vapor Recovery). Robert served as Chairman and CEO for Highlands Natural Resources, which drilled and produced oil and gas with two-mile horizontal wells in the DJ Basin of Colorado, through a development agreement with ConocoPhillips and funding from private equity groups including Siguler Guff and Halliburton.

Robert was also the founder and Chairman of Zeledyne, which purchased Ford Motor Company’s Glass division with plants in Tulsa, Nashville and Juarez, Mexico, manufacturing and distributing automotive and architectural glass, employing over 1,200 employees.

He served as a member of the U.S. Department of Interior’s Mineral Management Service (now known as the Bureau of Ocean Energy Management, Regulation and Enforcement) Royalty Policy Committee. He also served on Tulsa Technology Center’s governing board, which provides workforce training to thousands of people.

U.S. Senator John Hickenlooper, when he was Colorado Governor, appointed Robert to serve as a commissioner to the State of Colorado Economic Development Commission.

He received a B.A. from the University of Colorado at Denver and a J.D. from the University of Tulsa.

In December 2024, Robert Price was appointed CEO of 80M’s newly formed industrial gas and petrochemical business unit. Understandably, his expertise is in the oil & gas sector. One of his previous jobs was CEO of Total Helium (TSXV and OTC listed). Here’s a podcast dated a year ago when he was with Total Helium. Obviously, he knows a thing or two about helium.

https://youtu.be/bxO1d_gZCWM

IvRoche - You say: "This just gets weirder and weirder... Too many open questions on this new co and who is financially backing - Rob Price doesn't have that kind of cash lying around..."

I have found out more information from management about March GL. There are several parties associated with MGL. All industry oil men from Austin and Denver. Some are individuals and others are family oil dynasties. There are 10 people involved at this stage. Price set up March GL. These people have made fortunes in the U.S. over the last 40 years.

Back to yesterday's RNS, and the key takeaways are:

❖ March GL will earn an initial 50% interest in Jameson upon completion of the first hole drilled (Project 1)

❖ An additional 20% interest upon successful completion of a second test hole (Project 2)

❖ MGL will fund 100% of all costs and expenses related to the drilling of the first of two exploration wells (Project 1 and Project 2)

❖ 80 Mile is free carried until the end of Project 2 for 30% of Jameson

❖ MGL has contracted with oil and gas specialist IPT Well Solutions for project management services for drilling the exploration well for Project 1

❖ MGL has contracted with oil and gas specialist Halliburton to support logistics planning and to secure other necessary services

❖ Field operations to commence no later than summer 2026

According to yesterday's RNS, M​arch GL has contracted Halliburton to support logistics planning and​ to secure other necessary services for Jameson. ​More ​here on Halliburton.

​https://www.halliburton.com/

https://youtu.be/DLGzUT-pV8o

IvRoche - That was excellent research/detective work in coming up with the name Robert Price as the person behind March GL. When you mentioned the name, it rang a bell for me, and Chirpy Cheep also picked it up. I attended 80M’s General Meeting on 13 January 2025 and had a brief chat with Price. In my post (14 Jan 2025 17:59), I said: “Robert Price, the CEO of the newly formed industrial gas and petrochemical business unit associated with the Greenswitch plant, was at the meeting. Interestingly, RM said RP had been previously involved with Jameson Land.”

As the incoming CEO of the newly formed 80 Mile industrial gas and petrochemical business unit, Price made this comment in the Hydrogen Valley acquisition RNS 19 December 2024: "We are thrilled to start the integration of Greenswitch into 80 Mile's portfolio, as we look to address key decarbonisation challenges in aviation and heavy industry. Our focus will be on expanding production capacity while introducing SAF and green hydrogen to future-proof the business against evolving energy demands. This marks the beginning of an exciting chapter where sustainability meets profitability, and we look forward to delivering significant value for our stakeholders".

The same RNS provided this profile of Price: "Robert Price has extensive experience in energy and manufacturing. He co-founded and served as CEO of Total Helium Ltd. (TSX) and was Chairman of LNEnergy Ltd. He has held senior roles, including VP and Trust Officer at First National Bank (now J.P. Morgan Chase), and founded Brooks Energy Company, focused on oil, gas, and helium exploration in the Mid-Continent and Rocky Mountain regions."

"Mr. Price sold a 75% stake in a hydrogen power generation business to Tallgrass Energy (backed by Blackstone) and owned S&R Compression, a natural gas compressor manufacturing and rental company. Whilst he was Chairman and CEO of Highlands Natural Resources, he led ventures in natural resources. He also founded Zeledyne, acquiring Ford's Glass division and managing 1,200 employees across three plants. Mr. Price holds a B.A. from the University of Colorado, Denver, and a J.D. from the University of Tulsa."

Well done, you both!

https://tinyurl.com/yxpwfm3d

According to today's RNS, MGL has contracted with IPT Well Solutions for the Project Management services for drilling the 1st exploration well (Project 1).

IPT Well Solutions is a premier engineering and consulting firm with over 30 years of experience in drilling engineering, project management, completions, reservoir engineering, and geology. Each year, IPT evaluates hundreds of well projects across the U.S. and internationally, delivering deep technical expertise and a steadfast commitment to environmental compliance. The firm plays a vital role in advancing sustainable energy development across oil and gas, carbon sequestration, solution mining, and geothermal projects, through rigorous analysis, regulatory guidance, and a strong focus on environmental stewardship at every stage of well planning and execution.

More information here about the company.

https://www.iptwellsolutions.com/

https://www.iptwellsolutions.com/services/oil-and-gas/

https://www.iptwellsolutions.com/testimonials/

Ashton to Chirpy Cheep (7 Apr 2025 11:46) - "Please (please) go back and watch the June 2024 video interview with Rod McIllree again." I repeated the suggestion to CC two days ago (26 Apr 2025 20:29).

Anyone who had watched the interview (as I had suggested) would have noted what RM said about drilling Jameson Land(JL). Forward the video to 4:00 mins: "It (JL) is drill-ready on some big targets, potentially." -https://youtu.be/PidhWEVzGP0?t=4

Ashton to Jimbolina (7 Apr 2025 14:34) - " If I were you, I would focus on Disko, Jameson and Greenswitch. I would be badly disappointed if 80M failed to deliver some SUBSTANTIVE news before the year is out on at least two of these projects, possibly all three."

I said SUBSTANTIVE news, and confirmation today of ​a partner for JL and drilling ​in 2026 must be deemed as such news.

On 7 Apr 2025 21:32, I asked, “Who knows, apart from the uniqueness of its licences, will JL deliver another uniqueness before the year is out?" I used the word "uniqueness" for two reasons: (1) The JL licences are certainly "unique" because the Greenland Government stopped issuing such NEW licences for exploration/extraction of oil from 2021. (2) Any decision to drill JL would also be ​regarded as “unique" because no other asset owned by 80M/Bluejay has ever been announced for drilling within such a short period of acquiring it.

In the three posts, I tried my best ​(very best) to suggest that one should NOT overlook JL. But the posts were rubbished as “pure waffle” and “drivel” (by a certain individual). Oh well, what can I say​!

PS: Chirpy Cheep - On 7 Apr 2025 21:32, ​in the post addressed to you, I said: "I like your energetic interest in JL, which I share, and let’s hope we can have a drink (or two) together if your enthusiasm for JL is vindicated this year." ​On account of today's announcement, we can now have that drink (or two) when we get together at the company's next business meeting. Cheers!

Thechuckster - You ask: "Where do you see the share price if it does?"

AIM stocks can be notoriously volatile until the company establishes cash flow, profit, etc. For example, look at Metals One, where 80M shareholders have an interest. On 14 April, the share price was 26.5p, on 22 April it was 10p, and now, as we speak, it is back up at 26.8p (a 41% rise just today).

I have got the average price for my 80M share holding down to below 0.30p and am already in positive territory. I would be pleased if the share price were to reach at least 1p before the end of this year. That's a wish/hope rather than a prediction. But who can predict the peak if two or all three events I have highlighted come to fruition before the year is out? 

https://www.londonstockexchange.com/stock/MET1/metals-one-plc/company-page

IvRoche - You say: "Let's just hope they (MGL) don't pull a Kobold and runaway from further exploration."

I noted with relief that the terms for the agreement with MGL are conditional upon drilling. That is, MGL will earn an initial 50% interest upon completion of the first hole drilled and an additional 20% interest upon completion of a second test hole. With hindsight, I wish we had a similar arrangement for Disko drilling. Unfortunately, we gave away 51% to KoBold from the very start before drilling.

In my post (28 Mar 2025 08:37), I asked these three questions:

1. Is it likely or unlikely that Disko will be drilled this year?

2. Is it likely or unlikely that Jameson Land will have a partner this year?

Answer: https://tinyurl.com/yjcm2ezz

3. Is it likely or unlikely that there will be production at Greenswitch this year?

In my post addressed to Jimbolina (7 Apr 2025 14:34), I said: "I would focus on Disko, Jameson and Greenswitch. I would be badly disappointed if 80M failed to deliver some SUBSTANTIVE news before the year is out on at least two of these three projects, possibly all three."

80M has delivered (2). Will the company deliver (1) and (3)? Only time will tell.

Eric Sondergaard and Disko (September 2020) - https://youtu.be/NNQJTh57xGE

CC - You ask whether 80M has put Disko on the back burner.

Before I answer your question, let me take you back to the May 2024 interview with Eric Sondergaard (his first and the only interview since he became MD), where he said, "Disko represents the single largest upside opportunity in our portfolio." Forward the video to 9:30 min - https://youtu.be/5G5jwsxhC8E?t=4

I don't think 80M will put Disko on the back burner, but progress with the project. The question for me is, will there be a different kind of partnership arrangement for the project? We will know soon, I mean pretty soon.

NB: Since May 2024, 80M has acquired Jameson Land and Greenswitch. I would therefore rate Disko, Jameson and Greenswitch as 80M's most active assets​ going forward.

CC - I totally agree with you that emerging energy commodities, particularly industrial gases, will be an important focus for 80M (RNS 3 April 2025). In fact, in my post addressed to you on 7 Apr 2025 11:46, I said: "Please (please) go back and watch the June 2024 video interview with Rod McIllree again."

IvRoche: “Based on the fact that there has been no RNS to date re: Disko Drilling this summer the likelihood of drilling occuring is declining everyday. If no RNS by mid to late May - the door will be shut for this summer season.”

That's a fair summary, IvRoche.

The last full RNS update on Disko was on 29 April 2024​, and we have not had an update since then. However, in the Dundas RNS on 1 May 2024, there was a brief reference to Disko: "The Acquisition of Sedimentary Hosted Copper Project comes as part of the Company's new growth strategy to secure ​high-quality copper and industrial gas projects whilst continuing to progress Disko to drilling in 2025."

Furthermore, at the General Meeting I attended on 13 January 2025, Rod McIllree informed the attendees that Disko would be drilled in 2025.

80M has certainly raised expectations of drilling in 2025. It has therefore been an agonisingly long wait for shareholders to find out whether drilling would actually happen in 2025. When can we expect the next RNS update on Disko? I would say soon. I mean, pretty soon!

Rach: "And exploration licence details have to be submitted by the end of May. Tick Tock................"

The deadline for submitting applications for undertaking field activities is NOT by the end of May. The correct deadline is the 1st of May. For the current year, the deadline is next Thursday. To perform field activities (e.g. drilling) under a Mineral Exploration Licence, a mining company has to submit an application form for field activities with the necessary information required by the Mineral Licence and Safety Authority (MLSA) by the deadline. Although the deadline is 1st of May, the MLSA can extend this timeline if needed, but this is not guaranteed. If the application is approved, the mining company would get what is called a Field Activity Approval (FELT).

Click on this link for more details and also for the information to be submitted on the application form - https://govmin.gl/exploration-prospecting/start-exploring/field-activities/

In my post on 17 Feb 2025 09:26, I said: "The sub 0.30p share price level has been too tempting to miss the opportunity, so I have been buying and am likely to continue to buy if the price stays low."

In my post on 10 Apr 2025 08:43, I said: "I have got my average price right down to below 0.30p."

The share price closed yesterday at 0.26p. The closing price today is 0.28p. I am glad I averaged down, as my investment has now gone into positive territory and it's a nice feeling. We all know that the share price is a snapshot at one moment, but I am confident that my patience and unwavering faith in 80M would provide me with a good return on my investment.

"Shareholders can look forward to regular updates on progress with respect to grants and incentive programmes as well as project updates on Disko and Jameson. 2025 is shaping up to be our best year to date and I remain confident of success on multiple fronts in the next 6 months." - Eric Sondergaard, RNS 12 February 2025

Mike Pence served as Vice President under President Trump’s first administration. Drew Horn was Mike Pence's policy director and is now GreenMet's Founder and CEO. GreenMet is a US company acting as a conduit between private capital, government, and the critical minerals industry. Just a few weeks ago, GreenMet formed a strategic partnership with Tanbreez in Greenland, ranked as one of the biggest rare earth projects in the world. In February 2025, Horn travelled to Greenland to support the country’s pursuit of independence and advocate for increased American involvement in its burgeoning mining sector. Horn, who has already established strong partnerships with key players in the industry, engaged with Greenlandic leaders in the mining, energy, and investment sectors representing a new coalition of US business leaders looking to invest in Greenland and bring sustainable energy and manufacturing growth as the method of greater future integration into North American commerce. More details here in this article dated January 2025 - https://tinyurl.com/nvxety49

In 2024, Critical Metals Corp (Nasdaq: CRML) signed a binding heads of agreement to acquire a controlling interest in Tanbreez Greenland Rare Earth Mine. Howard Lutnick, Commerce Secretary in the current Trump administration was the Chairman and CEO of Cantor Fitzgerald, a company with a stake in Critical Metals Corp. The latter has majority ownership of the Tanbreez project. Following his appointment as Commerce Secretary, Howard Lutnick resigned from the Board of Cantor Fitzgerald.

Another name to take note of here is Tony Sage, Critical Metals Corp CEO and Executive Chairman. What is my reason for sharing all this information? In this article dated April 2025, Sage provides a balanced analysis of Trump's approach to Greenland. Here is an excerpt from the article: "Trump's focus on Greenland has been a double-edged sword for projects like his, Sage said. By highlighting Greenland minerals, the president has helped Sage attract funding for the Tanbreez project. But Trump's talk of taking over the island repels the Greenlandic people, who are important partners and the ultimate decision makers on how to use their resources." - https://www.newsweek.com/trump-greenland-deal-minerals-greenmet-2058162

Let’s hope Trump’s focus on Greenland, despite his aggressive and unconventional approach, brings some dividends for 80M in terms of publicity and funding/partnership for progressing its Greenlandic projects.

CBS News showed this in a programme called "60 Minutes" just a few days ago in the U.S.

https://youtu.be/wj9XNX5z1SA

This article, dated 1 April 225, is worth a read. It says: "In September 2024, the EU began enforcing new sanctions on Russia over its war in Ukraine, including banning imports of helium. The US accounts for about 46% of the global supply of helium, followed by Qatar (38%) and then Algeria (5%). If US supplies were to be disrupted again, the impact would be felt around the world."

https://www.bbc.com/future/article/20250331-why-helium-shortages-are-worrying-the-world

Pulsar Helium had this to say in the RNS dated 30 Jan 2025 about their Greenland Tunu Project:

[Thomas Abraham-James, President & CEO of Pulsar Helium, commented on the study:
“The completion of this passive seismic survey at the Kap Tobin prospect in Greenland marks a significant milestone in our exploration efforts at the Tunu Project. The identified low velocity anomalies, coupled with our previous helium shows in the area, reinforce our confidence in the project’s potential not only for helium, but also geothermal energy. These results provide valuable insights into the subsurface structure and will guide our future exploration and development strategies." - Unquote

"Helium is on the European Union (EU) list of critical raw materials and while not an EU member, Greenland is a strategic partner to the critical raw materials initiative. Potential for a combined helium and geothermal energy operation has been identified and is being assessed for commercial production. Geothermal energy could be utilised for the helium production facility and as an alternative power source for the nearby settlement of Ittoqqortoormiit (located 7.5km to the north of Kap Tobin) which currently relies on diesel generators. Meanwhile, produced helium could be exported to the EU."]

https://s203.q4cdn.com/212931576/files/doc_news/Pulsar-Helium-Announces-Successful-Completion-of-Passive-Seismic-Survey-at-the-Tunu-Project-in-Greenland-2025.pdf

If you haven't already, take a look at the section "Helium Prospectivity" in the Jameson Land RNS 20 June 2024.

"Metals One intends to leverage its platform to undertake other project acquisitions and is currently reviewing projects within Europe, North America and Australasia with a particular focus on copper, uranium and defence minerals. The Board is reviewing projects that are generally close to existing infrastructure and are being operated in partnership with experienced in-country teams. The Board is also considering opportunities, in light of record high prices, to acquire gold exploration assets which are currently underfunded. These new acquisitions will likely take the form of a project earn-in arrangement or direct equity financing. The Board looks forward to providing further updates as it completes due diligence and negotiation on future potential projects."

"Metals One also announces that Thomas Levin has stepped down as Non-Executive Director, representing the vendors of the Company's Finland nickel and copper projects. It is anticipated that Mr Levin will shortly be replaced by a new director representative, Olga Solovieva, BSc (Geoscience), subject to satisfactory completion of customary due diligence and Nominated Adviser checks, at which time a further announcement will be made. Ms Solovieva is an experienced geologist with significant project analysis experience and direct knowledge of the Finland copper assets given her role as Senior Geologist with the vendor of the projects."

"We are also reviewing a number of other projects which we may bring into the Company, with an immediate focus on copper, uranium, defence minerals and gold."

https://www.londonstockexchange.com/news-article/MET1/corporate-strategic-updates/16995407

My footnote: Bluejay shareholders would be familiar with the names Thomas Levin and Olga Solovieva.

Thomas Levin was formerly Chief Operating Officer of FinnAust Mining Finland, part of Bluejay Mining Plc, where he managed the Finnish assets.

In 2024, Bluejay appointed Olga Solovieva as the Company's Senior Geologist - https://www.londonstockexchange.com/news-article/80M/cost-reductions-and-leadership-adjustments/16327319