Member Info for Bens_sipp

What is happening with the share price? It seems like 0.4s are the new normal for this share. Today I would not be surprised if it ended below 0.4! Previously I had expected something towards 0.55 without RNS and possibly better with RNS. Fundamentals seem to be broken currently. Has anyone got a clue why this is?

Because I need to get an idea of the 1-3 month prospects for this share. Mcap is low ATM, maybe it is justified, maybe not.

Bluesquare. Ouch. Let's hear how well you have done again to make us all feel inadequate!

I think launa sounded nervous in that panel discussion. Three items concerned me:

The market for Tanzania gas would be the middle east and china. Doesn't the middle east have its own production? China is developing domestic production at a break neck speed, and will take all Russia can offer at a discount.

I'm getting a bit tired or tired of the phrase " unique play" with regards to helium in solution, to me it sounds like they aren't quite sure if it is viable yet.

Financing, given the potential market what contract prices could be achieved, and as it is a single play of just helium there is no diversification to smooth out market volatility.

Sorry for my negativity today. I have a big holding and want the best for HE1. I would just have liked the narrative to have moved on a bit.

Look at the volumes today, 55m+ so far. 📈

Currently I prefer volume to sp. Sp will follow at some point!? 🤔 GLA

I'm liking the volumes today. I would be really glad when this share can shake off the current valuation and return to a normal price like 0.54p+ (mcap £50m). Nothing has materially changed since before the CLNs were first announced. How much longer do we need to wait!

Yes. Let's get it out first. Just looking ahead as we can only start to get it out of the ground if all the pieces for the jigsaw puzzle can be shown to fit into place.

MCNoll, I agree that it is not directly He1 problem, but it will effect the contract price if the off taker needs to make infrastructure investments.

I'm mainly spitballing (I often do that) here but in the video I linked earlier he stated that transportation of liquid helium was the most cost effective. In the medium term it may be viable to just use pressurized cylinders.

https://youtu.be/_Jf7Y8w1TuA?si=KSeMnif4ucvbg2nX

How much of the plant cost would be in the equipment and energy to liquify helium? I've seen plant costs to liquify 20 litres/ day is £250k! (Probably can be had at scale at a better value)

1 mcf of helium is 37 litres of liquid helium. That means that he1 will need a big facility to liquify their potential output.

Liquefied gas will start venting he after 30-45 days. This means there is a limit to what markets product from Tanzania can be exported to. From Google I have the shipping times from Tanzania as.

Usa 42-56 days

Europe 30-50 days

India 9 days

China 20-45 days

A bit off topic but I found this clip about helium transportation interesting.

https://youtu.be/_Jf7Y8w1TuA?si=_HVJUdQR8_RDdsNb

Https://youtu.be/IFviCyLcwWw?si=CuLwnXSZbrecWs6h

More from the startup side. Tanzania needs cheep electricity to liquify the gas. I know there is the power available nearby, but I don't know how expensive it will be.

I know that we cannot have access to Launa's panel talk, but it would have been nice to have a snippet like this in the general media. She did have one from a previous summit.

MCNol. I'll review this some time today. From what I can see from the charts there is someone who is setting the upper limit of the value of these share consistently as we see an upper wall that is rarely breached. In the last couple of days it has been 0.5, 0.49. This solid resistance have not been seen prior to the CLNs to this extent.

Just imho. I am open to being educated, if you can show this happened.

My opinion is that not much was forward sold. The early termination of some of the clns gave the option to convert the remaining clns in one go as this shows there will be no further overhang and gives more confidence in the sp. I think they took the offers and did not have much time to forward sell this tranch.

MCNol, I'm not counting 13th Oct 600m. 2.4bn - 600m = 1.8bn

...but the cln holders are still clearing shares. ( I don't care for people that believe they have already cleared). At yesterday I calculated the the total volume from 14th Oct when the shares were added we have had a volume 1.8bn, with 1.6bn shares to clear. This volume will not be enough to clear those shares. Currently the share price is largely defined by the daily volume. If the volume reduces the share price goes down as the shares are being offloaded at a relatively consistent rate. The cln shareholders don't care much for the value as they want to move their money onto new investments. They are currently getting a 100% gain down from 120% ish previously, still a lot.

We will see this fluctuating in this price region until these are cleared. 1-2 weeks imho

Helx2. More looking at mcaps over £200m with good volumes going forwards.