Member Info for ART123

16p buy gone through on the live prices - which has just pushed the ask price higher. 16.40p now paid.

Just waiting for someone to pay 16p...............

MM's are at it again with the price ticking up but no visible buys going through. NT on small amounts but 15.99p to buy 20,000 or more.

Let's hope they can sell some more of CSS and then they can pile the cash into their Roadside venture.

Their American partners are massive :

'Meadow is a real estate private equity manager based in New York and London with US$6.2 billion gross AUM. Meadow specialises in middle-market real estate transactions across all sub-sectors and risk profiles. Its partners have been responsible for the acquisition and ongoing asset management of over US$30 billion of real estate assets located in the United States, Europe and Asia. Meadow is now investing Fund VI.'

More trades than posts which is always a good thing. Often these boards are just full of hot air and not many buys but this is just the opposite.

The 15p by Friday prediction looks to have come good!!

That might be a bit long-winded for some. In a nutshell the completed deal values ROAD's remaining holding in CSS at £46M. And this is not the main business and is targeted for disposal.

So the partial sale of CSS has already completed, with an improved sale price. This is good news as there was always a bit of a 'too good to be true' thing about it.

"Previously, CGV had agreed to purchase 952 shares in CSS at £6,302.53 per share, it has now agreed to purchase 1,000 shares at £7,500.00 per share, increasing the total consideration due to Roadside to £7.5 million. The Company is pleased to confirm that the £7.5 million consideration has been received by Roadside and is on account. The Transaction will complete on 3 May 2024 at which point the 1,000 CSS shares will be transferred to CGV. Post-completion of the Acquisition and the Transaction, Roadside's shareholding in CSS will reduce to 6,140 CSS shares, representing approximately 61.4% of CSS's enlarged issued share capital."

So ROAD now continues to hold 6140 shares at a sale price of £7,500 which I make a value of £46,050,000. Now one sale has gone through this has to now have some real value to ROAD. The current m/cap is less than £15M.

Nearly 30% up so far today and no sign of the buying pressure easing. But then this could easily 2 or 3 bag from the IPO price so that is hardly a surprise.

It was a very reasonably priced IPO, even cheap taking into account the drill-ready status, that it is considered to be an appraisal drill than an exploration well (which puts in alongside HE1 straight away), the experienced management and the ongoing enthusiasm for Helium. There is certainly plenty more upside now with more to come later nearer spud.

ATB

This is a long overdue rise. 12.47p to buy and 12.21p to sell. I've even seen a sell going through as a blue buy.

It might be wise for Georgina Energy to do their London IPO now so they can take advantage of that great pile of available funds that HEX didn't need. According to the article, Helium has already flowed very near to one of their drill prospects at 9% Helium, possibly the highest helium concentration ever drilled so far and much higher than the 4.7% recorded by HE1 in Tanzania. In Australia they have much the same drill costs as the US - ie. much cheaper than Tanzania.

Me, I'm buying in now ready for when they drill KON-16. There'll be oil there all right as it won't have been all extracted 40 or 50 years ago. And no slow and stupid Sonangol any more as CRCL will be the operator. Bring it on.

(Not really though).

Just what is needed here. A transformational acquisition in Brazil.

Great time to load up. There is always going to be value here somewhere. Where you might ask? Well, maybe in their next acquisition - which might be in Brazil.

As soon as the rest of these pre-IPO shares are sold then the share price should start to rerate upwards. I'm just surprised that they have held things up like they have.

HE1 back in the day was floated at 2.84p for a £14+ m/cap - higher than HEX - and HE1 quickly re-rated in the first week or two to over 8p. It then stayed in the 6.5p - 8p range for a few months before rising further to 20p as the rig was mobilised for their first drill.

We haven't even seen the equivalent first rise yet which could quite easily take the share price to between 20p and 30p.

Nonsense. The company have requested the suspension because they haven't been able to get their results out on time. The other alternative, if they hadn't requested the suspension, would be to be suspended by the market (FCA).

Back down to 0.04p/0.05p no doubt. The real problem is that once the share price gets all the way back to where it started there still isn't anything substantial going on here. At the end of the day, it is just the story of a few new directors with quite small pockets attempting an impossible turnaround based on little more than the success of their previous employer (who had very large pockets). This looks more like a long haul to nowhere. Anyone naive enough to pile in here at 0.16p or about is going to get hammered.

Companies are suspended if they fail to get their results out by the deadline - usually at the end of a quarter, half-year or full year. This is a market rule. Missing the deadline is usually due to the auditors not having finished their audit and hence finalising the results. The suspension will be lifted when the results are published.

I wouldn't waste your time worrying about shorters. I doubt they exist either.

I was lured in here over the 'dodgy bid' and only managed to offload them recently at cost price. I am happy to sit this out and see if anything materialises in the real world otherwise it is all just one big fantasy. The only surprise is that so many people appear to be falling for it all.