Member Info for BigBiteNow

2x 100k buys at 15.09p will be delayed until later but they are buys. Just to avoid any doubt being created.

Scratch that its in te RNS. I didn't see the 10 producing wells at first glance.

Source please JohnHenry?

If you are seeing this outcome as negative then you aren't thinking straight or don't want to.

This is a tough market even for great companies and too many easily ignore that. Getting enough funding is what matters because then the rewards can be very high as the competition continues to struggle to achieve finance creating rising market deficits. I've been here before several times. This isn't just about what HEX can achieve in 2025 but what the stranglehold from limited funding can do later down the line when supply has failed to fill rising demand.

This is a key line in today's announcement.

"The in-house model shows potential upside that could be achieved by a successful extended well test in the southern part of the co-joined anticline."

"3D seismic planned for Q1 2025 (post this funding) to grow resources and reserve considerably." All now paid for in full. So we can expect the reserves to grow with the knowledge that we have now paid our dues for it.

https://x.com/ProAIMTrader/status/1882327724091707637

Morning all,

The more I digest this announcement the more I see it as excellent news. Post this fundraise all financing questions and rumours fall away and focus can return to the cash generation that is coming very soon.

150m shares in issue = £22.5m MC at 15p a share for a company that can now self-fund its way to "generate free cash flow of $15 - $25 million per year post-tax and post-royalty."

Now the fun part can begin.

https://x.com/BigBiteNow/status/1882327251766899049

"I don't want to be here all day" implies a waste of one's time.

The most important thing to me is that I understand why I am invested and if possible can create an edge based on research. In this current market of fear and indifference and certainly research averse that is proving to be very fruitful. What others do with it is their business.

Whilst on the subject here's some more data I pulled together for someone on Twitter. Only 11 posts this time so perhaps doable?

Well worth spending some time understanding alluvial gold mining better and where ECR is already kit-wise. It's not a complicated operation to get up and running, to mine and to generate a concentrate from. But I have further evidence that shows that gravity separation kits can be fairly small and straightforward to order and install for an initial start-up.

I would predict that the vast majority of the market aware of ECR's plans have done very little research into alluvial gold mining. That alone is an edge.

https://x.com/BigBiteNow/status/1882023309061369972

If people don't want to take the time to properly digest the details of a share they are interested in putting money into then that is on them. Especially when it is bundled up for them. Investing is complicated and there are many factors/details to consider. It is lazy to think that 20 or so short posts stapled together is somehow a waste of time.

In terms of ECR, I talk about it because I have the time but it is the first share for a very long time that I've held and really don't care who listen. The company will do all the important talking soon enough.

Look around the market and find me a microstock that has anywhere near the number of catalysts that ECR has in the coming weeks/months.

These guys are in the gold sector in Australia. Tier 1 jurisdiction means tier 1 security of production and ownership. Go and ask Resolute Gold where they would rather be in 2025. That means when production comes not only will the gold price start to matter (until now explorers have not caught the gold train because they're simply too far from production and assumed to need large swathes of capital) but there will be zero concerns that the state will step in and try to take more of the asset.

Actual production inside 5 months. Tax loss and land sale bringing in one third of the market cap. Then acquisition(s) deemed to drive considerable additional value for the company. Excellent communication tom boot and plenty of cash in the bank due to a recent raise that covers all funding required for this year.

With that funding knowledge in mind ask yourself why he held that interview on that day and talk so confidently about all of the above developments. Why go there and risk reputation damage unless the outcomes he was describing were certain?

We need to see the details but deliver all of those items within the next few months and things will inevitably become very interesting around here. Do it in a recovering market then all the better but they don't need that because moving from explorer to gold producer with scale to come is more than enough. All just my opinion of course.

As I touched upon last night HEX from a business point of view VEX must be delighted with some of Trump's policies and initial executive orders/deals.

The only thing missing here is clear enough communication on how this company gets into production. Once they are there then the macro environment is very supportive towards what they do and where they do it.

To expand a little on Blue Mountain start-up phase with some more quotes and logic.

During the Australia trip,

"Mike and Adam will be spending a bit more time looking at putting together some of the modifications that we need with some of the existing equipment that we've got." That being a pilot Trommel and sluice box.

He then says "It's suitable for pilot plant and test work." which strongly indicates that it will be altered for the first production. The question is how much can it then initially produce?

○

"and then we are looking to bring in some bigger equipment and we've been speaking to fabricators and designers and builders and we'll get on with that really early on. So in an ideal world, we'll start production and then scale it up over the year."

The last sentence is the most meaningful because it states that scale will come this year. If the plans are already being actioned (fabricators etc) and they are indeed "fully funded for all of the work that we've got planned" in 2025 then the end goal (YE production) must surely be costed and covered as stated.

What makes this even more spicy is the cash from non-core asset sales. Confidence is high that they close out and then they are looking to acquire depressed assets. For them to do that either Blue Mountain costs to ramp up must be covered (possibly by initial revenues) for all of 2025 or the acquisition are so damn good it won't matter in the end because value will be added that outstrips any stress placed on finances in the shorter term.

Best case scenario is it is both because if Blue Mountain couldn't ramp up without more cash and they went and spent it on acquisitions that also require further investment then they are going to look very stupid. So the fact they are committing to both says that Blue Mountain is well covered and the acquisitions are the type that require initial investment (the stake purchase) to deliver something tangible like revenues.

Super exciting times.

ECR CEO in the latest interview had this to say about Blue Mountain.

First when referring to the BlueKebble guidance which said that "shallow mineralisation down to 4 metres could potentially yield over 100,000 oz gold" he said this.

"We can improve on that considerably." "I think we can improve on that whole opportunity." (Blue Mountain). "That opportunity is bigger and it's going to come quicker than the market believes."

This is a big story at 100 Koz so as an investor, I don't need more but it looks like more is coming because considerably is a strong word. That said I think we are talking small scale to begin with followed by a plan to ramp up as the year progresses. Demonstrate a self-funded expansion plan and then things will get super interesting around these parts. The following quote indicates that this is the case.

"We are fully funded for all of 2026 including bringing Blue Mountain into production."

So yes either the market doesn't believe it or hasn't looked closely enough which is why he went on to say this.

"Start seeing the till ringing at the end of the year with millions of pounds coming through the door then it becomes something that speculators can't argue with."

Achieve that along with the tax loss sale and one or two value accretive acquisitions and this could be one heck of a ride this year.

"An excellent coolant for high-performance computing systems due to its low boiling point, including data centers and supercomputers, which are the backbone of AI development."

https://www.globalhelium.com/why-helium/#:~:text=Demand%20for%20helium%20continues%20to%20accelerate%20because%20it%20is%3A&text=An%20excellent%20coolant%20for%20high,the%20backbone%20of%20AI%20development

“In the briefing, Ellison said 10 data centers for the project were already under construction in Texas, and that more were planned.”

Data centres = helium

https://www.cbsnews.com/amp/news/trump-announces-private-sector-ai-infrastructure-investment/

Linked to the headline here. We need more detail of course but it’s hard not to conclude that Trump is good for US producers.

https://x.com/deitaone/status/1881759555975299518?s=46&t=6uXiPPBc0pslakpmlxiTnQ

Trump set to commit billions towards US AI infrastructure is bullish for US helium. Throw in his support for drilling and push for on shoring of mineral supply and the outlook iBooks very good for the likes of Helix.

Morning all,

For ECR holders who may find it helpful, I have pulled together most of the key quotes from the ECR StockBox interview and then intertwined it with some info on Alluvial gold mining in Queensland and my own thoughts on opening news flow etc. I don't think the market gets how simple it is to bring an alluvial gold deposit into production in mining-friendly Queensland.

My conviction and belief in what this BOD is genuinely trying to achieve and its ability to deliver upon it becomes more certain by the day. They are almost there and this Australia trip looks to be a key moment on so many fronts.

https://x.com/BigBiteNow/status/1881265708002332859

https://x.com/BigBiteNow/status/1881617587152580661

This post includes a copy of the slide from the Teams meeting held before Christmas and so prior to the PSA purchase.

"With low capital expenditure and high yield return on investment Rudyard is attractive to many forms of project finance."

I am posting it here for those who wish to view it and perhaps copy it themselves. The acquisition of the PSA can only have helped de-risk these project finance options more. This is no guarantee that they deliver it but that is what they were indicating just a few weeks before YE.

https://x.com/BigBiteNow/status/1879858457559629911

If that is indeed true ihavenoclue then all will be forgiven when they deliver production. Testing Clink #1 may soothe a few investors but building a business isn't done by just cuddling. Even if they test Clink #1 they cannot produce from it until they have cashflows. Those come from Rudyard and so it must be the focus of all resources for now. They are a very small team and Clink #1 is an unnecessary distraction until Rudyard is fully planned and in the hands of a production team.

I want to see what Clink #1 can offer but my business head understands why it shouldn't be a front-end focus. That does not mean the team has lost interest in it or that it is a failure. Merely that it needs to wait a little while until the company-making event that Rudyard represents is de-risked and completed.

Post the PSA purchase, HEX is in the best place it has ever been since listing but the share price is almost at its worst.

Final financing needs to be cleared up for the remaining elements but given the amount of CAPEX left it should be a minor element because the PSA cost is so low. Others will no doubt try to twist things and present negativity because, in this early 2025 market, it is easy to convince PIs that this is the case.

Jump forward 12 months to when HEX is producing from 4-5 wells with a much larger resource and most importantly reserve in place with possibly Ingomar fully tested and likely further explored. That is where my focus is now and not today's SP which is mainly driven by poor wider market sentiment rather than hangups about Ingomar. This is gas exploration in a bear market. Things move quickly and management teams need to be nimble. This team is doing the best I have ever seen an explorer do in such a short period after IPO. They deserve more credit for their efforts. But others are entitled to their opinion and views.