Member Info for ART123

The share price is being held down by the placing of last September which still hasn't cleared as shown by the recent TR1's.

Https://www.statista.com/statistics/263492/electricity-prices-in-selected-countries/?srsltid=AfmBOorqrFP4JZ6vTECTy453D_rZoqw-MQYscSsbzixDXBOtm2vnjFnp

Cost of electricity:

UAE - 0.08 - as cheap as anywhere

NORWAY - 0.16

USA - 0.18

UK - 0.4 - no wonder everyone is complaining

Bitdeer taps DCI to build 180 – MW Norway AI data center for Nvidia colocation

31 Mar 2026

Bitdeer unit Tydal Data Center signed agreement with Data Center

Installations to develop its Tydal site into an AI data center.

Project targets 180 MW gross installed capacity, with completion

expected in December 2026.

Facility is planned primarily for colocation based on Nvidia reference

designs for its Vera Rubin AI technology.

Bitdeer expects Tydal site to be Norway’s largest operational AI data

Bitdeer Technologies Group (NASDAQ: BTDR - m/cap $2.93Billion.

Bitdeer AI cloud ARR jumps 105% to about $43 million in March

15 Apr 2026

Bitdeer reported March 2026 bitcoin production of 661 BTC, up 480% Y/Y.

AI cloud annual recurring revenue rose to about USD 43 million, up 105%

There are currently five (5) LSE-listed companies drilling for Helium in the US but only this shambles in AUS. There is plenty of room for 1 or 2 more in AUS and I'm sure they could make a much better it of it than Wallace and Gromitt have done so far. For goodness sake those two can't even get a rig contract signed when it is all paid for. They are completely useless.

The only thing that surprises me is that no one has come along and copied this idea and started up a company and got hold of an old abandoned gas well in one of the Helium rich basins in Australia and raised the funds to drill a quick well. Assuming this method is going to be a success, which we don't know for certain while Hamilton and Wallace are p*ssing around doing everything except getting a rig and getting drilling, but with the huge quantities of Helium up for grabs it has got to be worth a try at least. A decent CEO could soon turn a £10M m/cap into a £100M+ company just on the enthusiasm for the drilling and that could be £250M or even £500M if the Helium is present and flowing at high rates.

I know of several people who could get a company up and running to get a drill underway and make a much better job of it than Hamilton and Wallace who are absolutely useless and have done virtually nothing since listing nearly 2 years ago.

If anyone wants to verify my figures for the Money Money project it will be much appreciated.

My figure working is as follows:

The Project contains a substantial historic non-JORC 2004 Mineral Resource of 24Mt at 2.9 g/t 4E PGE (2.2Moz). So 24,000,000 tons of ore at 2.9g/t gives 69.6 million grams of PGM. Divide this figure by 31 to take it to ounces gives 2,200,000. Then taking the average price of Palladium and Platinum and multiplying this figure by 2.2 million ounces which gives just over $4 Billion.

This values the Munni Munni PGM-Cu-Ni Project at at least 20 times the value of the silver prospect which in turn will add considerable value to the UFO m/cap.

ATB

PGE stands for platinum group elements - it is a group of six noble, precious metal elements huddled together on the periodic table, and takes its name from one of those metals: platinum (the others are palladium, rhodium, iridium, osmium and ruthenium).

Of the 6, Palladium and Platinum are the lowest value with current spot prices of $1580 and $2089. The Project contains a substantial historic non-JORC 2004 Mineral Resource of 24Mt at 2.9 g/t 4E PGE (2.2Moz) - so if you multiply the 2,200,000 ounces of PGE by the average price of Palladium and Platinum ($1833) then the in-ground value is at least $4 Billion.

This is certainly worth holding for the imminent assays and resource re-estimation for the Munni Munni prospect, which in terms of in-ground value is in a completely different league to the Elizabeth Hill silver prospect. As it stands the silver has an in-ground value of $218 million while Munni Munni has an in-ground value of about $4 billion - and that is before the expected material upgrade. The Elizabeth Hill silver project has never been properly drilled whereas the PGE prospect has already had 97,000 metres of historical drilling.

Mad reaction from WCE ASX. I expect that will be back up over the next few days when the super high grade is noticed. Beside for UFO the GreenTech assays and resource re-estimation are due any day now.

2.8 million ounces at 617g/t is a very high grade which make a lot of difference in terms of production and costs. Even at 61.7g/t this would be a good grade while 617g/t is phenomenal. On an equivalent basis, with silver at $78/oz and gold at $4780/oz, these grades are the same as holding gold at just over 10g/t and I don't know of any gold mines that are holding 2.8M ounces of gold at over 10g/t. Mad reaction from WCE ASX.

Not only are we heading for an unexpected but welcome MRE from West Coast Silver but it looks as though GreenTech will also be bringing out an upgraded MRE for the Munni Munni prospect which might be huge. The assays are due imminently and they will be followed by the re-estimated MRE and it is quite likely that GreenTech will also probably request a suspension before the upgraded MRE is released. They are certainly talking of a "material upside potential".

Considering that the placing was apparently suggested by the institutional investors - to quote from the placing RNS:

"The Placing was arranged by OAK Securities and was undertaken with a number of institutional investors who approached the Company, reflecting growing interest in Quantum's asset base and the strategic importance of domestic US helium supply."

there has been a sh*t load of churning going on. It would have been better if these so called "institutional investors" had committed to hold on to their shares for a bit longer which might have seen the share price get back up towards 0.045p and higher. The buying has been there but the 100 million plus sells keep turning up to keep the share price down which is a shame.

In fact on studying the schedule more closely it appears that once the rig contract is signed everything else is happening on site so they just need to take the plunge and commit to the rig.

This is the schedule that was announced along with confirmation of funding on 26th January'

Completion Date(Calendar 2026)

Activity

Q1

Order long lead items such as wellhead/casing

Tender & contract drilling rig. Currently 4 appropriate rigs available

Q2

Water bore(s) drilling and installation on site

Surface conductor pipe installation comprising the first section of drill casing

Service company tender & contract; includes cementing, mud logging, e-logging, WSG, testing contractors.

Expand site/access roads, airstrip, drilling pad works. Inspection, planning and costing already completed.

Q3

Finalise the engineering and well design in conjunction with the drill contractor

Mobilise drilling rig to site and all relevant service companies

Drill to target depth, evaluate reservoir qualities, gas compositions, likely sustainable flow rates.

I think the market needs to see progress as per the schedule and the share price will start to move up quite rapidly.

With some positive progress at Hussar and a better more enthusiastic attitude from the management the shares consolidation could just be a waste of time as the share price can very easily get back to 10p and above and never go back down again (subject to a successful result at Hussar). And a successful result at Hussar could easily see this at a m/cap of £100M - £250M or more and even with a bit of dilution that would still give a share price of many multiples of 5p.

So they have their acquisitions, not that the company really need them, and their old mate John Haugh's company is going to get their 25% holding, so all is sorted. And £2.5M in new shares shares over 5 years is virtually nothing whatever the ATM price, particularly with Hussar all being funded without any dilution.

Let's get the rig contract signed and finalised. We are already almost through April which only leaves May and June in Q2 to get all the groundwork completed so they are ready to mobilise the rig and spud in Q3.

I'm just surprised that the share price is still so low.

Okay so now the distractions are out of the way perhaps we can get a rig contract signed and get on with the Hussar drill/re-entry. Please. That is the priority here.

8th April release from GreenTech says that their drill results are due in mid-April so they are now imminent so we could well have a double whammy here which could take the SP up to recent or even a new yearly high.

"GreenTech's maiden drilling and resampling programme concluded in March 2026 with results expected in mid-April 2026"

Maybe a shares consolidation might be a good idea. Nigh on 50 billion shares in issue after the placing and that is far too many. I bought back in today and suddenly have tens of millions of shares. I do believe that I would have actually probably have bought more if I was buying a smaller amount of shares. Too many shares seems to devalue the value if that makes sense.