Member Info for BasilAlderman

A short update from HE1 to confirm that it is in discussions to sign a Term Sheet for an earn-in and joint venture agreement with a third party and this will soar. It could be hours, days or weeks away based on that comment about "further updates in the near future". Normally, a Term Sheet in this sector occurs prior to an MOU or JV. i.e. they could be sifting through who would be the best partner already. It's clear that they have been talking to prospective partners already having read the briefings and watched the videos. Watch this space as they say!

Don't forget that HE1's CEO was quoted in the recent RNS about "advancing this project in the most effective way. One that will aim to achieve commerciality at the earliest opportunity". i.e. code for we are not going to hang around and this is too big for us and we need an Exxon, Linde etc for a MOU. A gentle reminder that Rockhopper (RKH) went from 15p to 450p on good news & Greatland (GGP) went x 65 from .55p to over 35p. Big gains do happen and a Resource Confirmation will help clarify the mammoth quantities of Helium and Hydrogen discovered by HE1. That resource data could be coming soon based on the statement by James Smith (Chairman) in the recent RNS about "providing further updates in the near future." Watch this space.

Here's your reminder! The early holders in ARB saw their investment rise X100 from under 3p to over 300p in 24 months between Feb 2019 and Feb 2021. The big rise happened in the 2 month period between Dec 2020 to Feb 2021 when the price rose from 10p to over 300p. Like many on here I am prepared to bide my time as GST looks the real deal. An ARB style rise for GST could happen. With all the groundwork undertaken, for the NEO banking business and the GS20 Exchange, GST fits the 'Mega Multi-Bagger' criteria and could do a x 100 over the next 2 years.

Yes, any sniff of a major player showing interest in Itumbula and the HE1 share price would then certainly rise significantly like ROAD's share price, which has gone up by 300% (so far) today. With HE1 it is more likely to replicate a GGP scenario of 3p to 30p+ over a sustained period of time as we are talking about the discovery of a major global helium producing field.

It's worth mentioning too that GGP achieved a Billion MCAP during its mega gain, as did Rockhopper. If that happens here that would equate to a 30p a share price approx. Global helium conglomerates, such as Linde (71 Billion), Exxon (406 Billion), Apd (48 Billion), Air Liquide (89 Billion) etc could very well already be in early discussions with the HE1 BOD about how to swiftly monetise what HE1 is potentially sitting on at the Itumbula West-1 well. If we get any sign of a major player sniffing around Itumbula this will sky rocket.

A reminder that 2 weeks ago HE1 Chairman, James Smith, informed the stock market that HE1 was "looking forward to providing further updates in the near future." The clock is ticking.

Yes, Redno7, agreed big thanks Brighty1 and Cawdor who got me in to ROAD a few months ago after the Meadow Partners announcement, which looked a no brainer. No wonder it is up 250% today! The background is that Roadside Real Estate is aiming to create a portfolio worth £250 million over time. They have £100 Million of equity at their disposal following the deal. A couple of month ago they were talking up an investment pipeline in excess of £150 million. A MCAP of £13 Million today could become a £100 Million MCAP company quite quickly. Just how big could this be? The £6 Million today could also help ROAD increase its stake in the JV to 10%, according to the Meadow Partners JV terms, which would further increase the value of ROAD significantly.

Yes and "Further updates in the near future" was the briefing from HE1 Chair, James Smith on 7th March. That is pretty unequivocal from the Chairman of HE1 about another update soon. Watch this space.

There have been at least four 2.5 Million Buys in the last 24 hours. Follow the money!

18-Mar-24 15:18:39 1.775 2,500,000 Unknown* 1.665 1.70 44.38k

18-Mar-24 13:33:52 1.765 2,500,000 Unknown* 1.74 1.775 44.13k

18-Mar-24 15:18:39 1.76 2,500,000 Unknown* 1.72 1.76 44.00k

18-Mar-24 13:34:03 1.78 2,500,000 Unknown* 1.72 1.76 44.50k

Specialist Commissioning could still be the saviour here. During the 30th November presentation James Cheek waxed lyrical about "Specialist Commissioning" for the MT-RNR1 ID Kit and added that he had "been speaking to key people, such as Sue Hill and Alex McLoughlin", and he felt that there was "an acceptance sooner rather than later" that 'Specialist Commissioning' would occur. He talked about a Roche case study that he felt was "very similar".

From my notes from 30/11/23 and having re-viewed the Investor Meet presentation he talks about how "Roche went round the loop for 4 years with a product the NHS 'wanted' but didn't sell to NHS until 'Special Commissioning'."

"What I've noticed is GDR has been going down the same rabbit hole" James Cheek quote. "First thing I did when I arrived at GDR was say 'lets get that done'."

He also did say during the Investor Meet call that he has "been speaking to key people" about Specialist Commissioning and he also felt that the "FDA was very supportive" and that he "Hoped to bring news on this early next year". That's what he said!

I view GDR as a bombed out high risk / high reward share to be invested in as if "Specialist Commissioning" happens and we do get the promised progress with the FDA soon then this will create a significant boost to the share price. What we need is for GDR and James Cheek to confirm positive progress on both the Specialist Commissioning and FDA - and pretty soon.

Yes, as you say if the fractured fault runs across most/all the entire basin then this is even bigger than we thought. I do love your optimism regarding "Pounds a share"! I think we could achieve 30p+ but if the resource is gargantuan then who knows. All I do know is that this has only just started bagging. HE1 has lots of scope to be a "Mega Multi-Bagger" when you bear in mind that BOTB multibagged over x 71, GGP multibagged over x 63, EUA multibagged over x 36, VCP multibagged over x 63, ESG multibagged over x 41, NCYT multibagged over x 100, SNG multibagged over x 100, SAR multibagged over x 30, TPST multibagged over x 39 and ARB multibagged over x 100. If they can do it then so can HE1 if and when we get big news of a JV or M&A activity.

Having been invested in GGP when they signed their JV agreement with Newcrest I can vouch for the mega rise that happened from under 3p to over 35p. The really lucky ones were those invested in GGP since the 0.55 days of 2018 who saw a x 65 increase in their holding. "Mega Multi-Bags" do happen, as the above companies highlight. So, your Pounds a share prediction is probably pushing it but it's certainly very very possible that we become a multi billion company. RKH (Rockhopper 13p to 550p) and Greatland (GGP 3p to 35p) both had £Billion valuations for a time when they experienced their monumental share price gains.

In a nutshell, it can and does happen, especially when you factor in the size of the helium & hydrogen resources being talked about. e.g. Noble are believed to have discovered about $4.5 Billion worth of helium in the ground from just one target, which is the adjacent well to HE1's Itumbula West-1. Hence the excitement of "a company making discovery". Noble is basing this on a 2-3% helium flow rate. We've announced a 4.7% helium flow rate. Therefore, HE1 could be worth $Billions on this basis. Therefore, a 30p a share to 50p a share / a 1 Billion to 2 Billion Pound valuation then comes in to play. Great news, as you say, if your are a HE1 shareholder.

I agree Bridge. The results RNS last week stated "further updates in the near future" (HE1 Chairman, James Smith). There are, as you quite rightly point out, a number of possible announcements that could come at any time in "the near future".

Those 1 Million buyers just keep on buying. Quite a few already today. A couple, below:

15-Mar-24 08:21:13 1.334 1,000,000 Buy* 1.30 1.35 13.34k O

15-Mar-24 08:19:10 1.35 1,851,556 Buy* 1.30 1.35 25.00k

Yes, I agree about the helium resource estimates being RNS'd soon. Chairman of HE1, James Smith, was quoted in the RNS last week saying "further updates in the near future". The near future could be intraday, Monday, 1 week who knows but "the near future" does infer an RNS is coming.

It would certainly make sense to get the resource "estimates" out there. It will interest potential JV suitors and cause the share price to rise significantly. At which stage a placing could occur, as you say.

Another RNS could be about the hydrogen resource estimates. In all the excitement people on here seem to be forgetting the unexpected find of a 2.2% hydrogen concentration. This increases the commercial potential for HE1 and our value. We are all aware of how Government's and big business are chasing clean energy solutions. Hydrogen is part of this mix. People on here should not overlook this. It's a big commercial opportunity for HE1, in addition to the helium.

It would be quite smart of HE1 to issue a helium resource update and a hydrogen update as two different RNS' to maximise the impact. Anyhow, I do think we will be getting a helium resources estimate RNS soon. Watch this space.

The've just raised £4.7 Million a month ago. This is more than likely going to be used for negotiations. You never go in to a scenario like this cash poor or you get held over a barrel. You go into negotiations with strength not weakness. HE1's Itumbula's uniqueness due to its pure helium, nitrogen and hydrogen mix is massive news in our industry. It's being termed as "a game-changer" for HE1 for a reason.

Yes, most of us on here are not "expert" geo-scientists / engineers but many of us on here are "experts" at unearthing a "Mega Multi-Bagger" opportunity. Many posters like you and me, Reaction, believe that HE1 is most likely going to be THE next mega gainer with the helium and hydrogenflows they have reported at Itumbula West-1. What a mega-bag investor is looking for is a company that has reported to the stock market that they have uncovered a 4.7% helium flow that is 9,000 times above background levels plus that they have a hydrogen flow of 2.2% / over 37,000 times above background levels. That is massive news in our industry. That's how stock pickers, like many of us on here, work to uncover the next multi-bag. The data is looking good, as you say, especially as the helium is free flowing.

SAR floated on AIM in October 2004. Over those 19 and a half years they have had plenty of our cash and plenty of time to get to the clinic. They have moved at a snail's pace, providing shareholders and the stock market with the bare minimum of information. In these two decades of being a plc we've also given the BOD considerable leeway and respect, pulling back from an EGM via Thoth2 a few years ago to give them the benefit of the doubt. However, it is likely that very soon they will ask shareholders - both new and existing - for further funding. IMO it should be contingent on a clear set of goals. e.g. the termination of the Peel Hunt agreement, succession planning for a new Chair and CEO and TM being moved to a scientific role and a new CEO appointed. I'm also in agreement that BOD changes right now would send the wrong signal but we need to be convinced that they do actually have a long term plan to deliver shareholder value for existing investors.

Bamb, It's there in black and white in the results RNS, issued last week on 7th March and it quotes James Smith, Chairman of HE1 stating: "further updates in the near future."

Full text below:

James Smith, Chairman of Helium One commented:

"This has been an incredibly busy and transformational period for the Company, especially post the half year-end. The acquisition of our own rig in July 2023 enabled us to commence our second drilling campaign and provides us with significant optionality going forward, whether that be to drill additional wells efficiently and quickly or as a future revenue stream for the Company.

"Helium One's Phase II drilling campaign has been very successful. Tai remains an interesting prospect which has been logged and sampled, and the Tai-3 well has been cased and suspended. The results from Itumbula can only be seen as transformational for the Company; flowing helium concentrations at these levels to surface would position Itumbula in the top section of major helium producing fields and this success is a testament to the hard work of the team and their expertise. The results acquired across both wells will now hold our focus as we look to evaluate the best way to advance this project in the most effective way possible.

"This is an exciting time for the Company, and we would like to thank all our stakeholders, local communities and the Government of Tanzania for their continued support and look forward to providing further updates in the near future."

i.e. an update is, according to the Chairman of HE1, coming "in the near future". Watch this space!

Yes and news could come at any time. If it's confirming the very positive resource update that many are expecting then we are looking at 10p+. It will send the share price soaring.

For sure, patience is required until the next news but I wouldn't want to be sitting on the sidelines when we have had HE1's Chairman in the last few days stating, via RNS & cleared by the Nomad, that further updates are due in the "near future". What was James Smith hinting at? Will we be finding out in the next few days? How close is "the near future"?

Yes, according to HE1's Chairman the company will be providing "Further updates in the near future" - (RNS dated: 7th March 2024). That is pretty unequivocal from the Chairman of HE1 about another update soon.

Those 1 Million buyers just keep on buying. Follow the money

A few examples in the last hour:

13-Mar-24 15:07:40 1.50 1,000,000

13-Mar-24 15:07:30 1.485 1,000,000

13-Mar-24 15:04:23 1.46689 1,000,000

Well said Andy. If asked, my 128,000 shares will be used to vote out Stephen Parker as Chairman and sideline CEO Tim Mitchell to a scientific role only. In the real world failure is rewarded with being fired.