Member Info for ART123

Bloody stupid - and unnecessary - acquisition getting in the way of what really counts here.

On the contrary drilling contractors and rigs are always contracted at an early stage otherwise they just won't be available. HE1 sorted their rig out 3 months before their first drill in Tanzania. And it was announced by GEX with the funding announcement that they would "Tender & contract drilling rig" by the end of Q1 2026 - which is right now.

Most of the other 5 mentioned Helium UK shares are up strongly today except for GEX - which is down 10%. That plonker Hamilton needs to RNS if the activity with the Ensign Emery 970 rig is due to it being booked by for the Hussar drill.

Although we might have heard of this in advance in the podcasts, it is the official announcements that move the share price. GLND and 80M now officially have a rig contract in place which for most drill projects is the commitment level that starts to move the share price upwards.

GLND was up after close because the Rig Contract announcement came out just after the US market closed.

We should get this announced by 80M on Monday and we may get a similar rise here as this is big news.

I can't believe that this guy has got 2900+ views in just one hour - especially as he recites it all like he's reading the news. Now 6800 views in 3 hours.

I would think that there is to much oil and too much preparation already underway for it to drop that much. You can't short it on IG either though it is tradeable. And the price isn't very high either - at least not for a US listed stock. And it was as high as $30/$40 yesterday which might just happen again when the bottom is found.

Live on here too - live prices, etc though I think just if you are a paying member.

GLND is a joke - 80M meanwhile is down by 4.91% so nothing to worry about.

GLND is now live on IG - just over $8 to buy. That must be a bargain.

Typical brainless reaction to the listing from the Americans. Yesterday it was as much as 300%/400% up at one stage before sliding all the way back down to close at $13 and now today it is down a further 25%+ to less than the SPAC price. Just a stupid nonsensical reaction both ways. No doubt when the volatility is over it will start going up again.

Https://www.80mile.com/results-reports-presentations

New presentation just out which for relatively newbies like myself gives much needed info on the other projects besides the oil exploration.

This second RNS isn't showing on here yet.

https://mail.google.com/mail/u/0/#inbox/FMfcgzQgKvNnqPbdhqsFwwLJwJNsBFMN

2nd RNS with corrected valuation.

The problem with Hamilton and Wallace is that they are just a couple of accountants. They don't seem to have clue about how to get things done in the field.

Mendell Helium also plan to drill and workover lots of wells in their basin. This is not a one producing well operation.

To be honest if Hussar is a big as they claim (293 Bcf's Helium plus the same for Hydrogen) then that is probably all they would need anyway. As I posted before they won't get much gas out with just one well in the basin so a plan for 10 or 20 wells would be much better financial logic. If they do that they wouldn't even need Mt Winter, let alone the 2 new acquisitions.

Look at Pulsar. They have already drilled 7 wells in their basin and they haven't even tested any of them yet.

Mt Winter is in the Amadeus Basin so that is the "insurance policy", without paying over the top to mates for any more prospects.

It's just common sense to complete the first well - Hussar - and see if that goes to plan and is a success before taking on any more prospects. What on earth are they playing at. Hamilton is just an idiot at times.

Is this going to be another missed deadline??

From RNS dated 2nd March:

"Update on proposed move to AIM and completion of acquisition of M3 Helium

Mendell Helium is targeting publication of its AIM admission document during March 2026. Following publication, the Company will hold a general meeting (the notice period for which is 14 clear days) and accordingly admission to AIM is targeted for April 2026. Mendell Helium will make further announcements in due course."