Member Info for Blubay

It’s very significant from a commercial perspective (half that would be workable). The key thing is that it’s also a pure helium play, most other helium companies have to extract as a biproduct of oil and gas refinery. This is a game changer.

👏👏👏

And yet you’re still multi-posting reams of out of date and non-relevant information to try and influence the market. If you mislead people about risk and reward it will come back to bite you. A lot of people have lost a lot of money on this share over the past couple of years. It’s a massively diluted and loss making company with zero capital or income. According to their own estimations, the chance of commercial success per drill is somewhere in the region of 8-1 or 10-1 against. There is a chance now this well could be positive but please don’t gamble more than you can afford to lose, or encourage others to do so. It rarely ends well on AIM. Fingers crossed.

The biggest risk is losing your money

Don’t get ahead of yourselves. Any thoughts of helium production are for the future, a year at least, and will require new fundraising to pay for it. If there is a proven discovery here (if not when) then the value will be significant but it’s NAV in the ground, not production value. If the SP were to recover to 5p that would be fairly remarkable (roughly equivalent mcap to the hype of 27p on first campaign at Tai). If there is an RNS with evidence of a discovery then it will probably also mention fundraising. That could send the SP down as much as up. There’s great potential here but it is still potential rather than reality for now.

On Twitter, when they reached TD

https://twitter.com/Heliumone1/status/1750413632268071410

1.33 / 1.38 Post-close

That's an old presentation, the most recent cost model is on Slide 25 of the September 2023 investor presentation

https://www.helium-one.com/wp-content/uploads/2023/09/230830_Helium-One_Marketing-Roadshow_Sept23_FINAL_for-website.pdf

CAPEX

• Helium plant US$ 38 MM

• Production wells and gathering US$ 48

MM (6 wells)

OPEX

• US$ 1 MM / year

"What I am wondering though is why she had only done a solitary interview "

That's what they've done in the past, they have a PR deal with Proactive.

I'm guessing Tuesday morning. This company's access to market is tightly controlled by a NOMAD/broker that is itself under financial stress. They need to agree the text before release and I'd hazard a guess they'll want to consider all the options during trading hours on Monday.

“Have you read the latest presentation”

Yes, January 2024, have you? It says no such thing. It says the next step after lab results is to redrill with a low cost rig based on what they’ve learned from the data. The “ongoing discussions with potential off-takers” is Step 7 in the strategy flow (the last step), it’s a million miles away in reality

Why would Linde be in discussion with NHE when they don’t have a commercial discovery and confidence in their share price is at five year low?

Who’s rumour is that then?

If there’s free flowing helium at any kind of concentration then it’s commercially viable. The whole point of the pure helium play is that there could be enormous profits for very modest capital expenditure (compared to extracting it from a hydrocarbon plant).

The key factor here is that there is indication of a pure hydrogen and pure helium play here, whereas the large majority of both are currently produced only from hydrocarbon reserves (natural gas, oil or coal biproducts). Therefore it’s a very rare commercial opportunity with high profit and ESG credentials (if it can be proven)

There won’t be an RNS today unless it’s bad news after hours. Much more likely to be Tuesday, possibly Monday

Because placees in high risk shares on AIM always as soon as they can to derisk (and often before the placement takes place). AIM placements have very little to do with investing in small risky companies. The money is made by fleecing the companies for low risk trades.

They’ve already sold, hence the price drop

What’s the point in filtering out long term holders with technical expertise in the sector?

I wouldn’t expect to hear until next week