Member Info for Blubay

For London exchange public viewing you would need to check at 5pm for the delayed post-close price (at 4:45pm you’ll see end of trading price, pre auction), 15 minute delayed

yes, the points of divergence between different miners are probably the interesting parts. RIOT have climbed out of the recent drop more steadily while ARB have drifted a bit, but worth noting that all three have outperformed BTC over the period.

Mining doesn't slow down, it just gets easier for those who are left in response to the reduction in number of active miners.

Google doesn't show the share price, it shows the value of most recent trades posted (which may be delayed or out of sequence).

Interesting to compare BTC trends against shares in ARB, RIOT, MARA since January
https://imgur.com/LFTi0ni

Their strategy sounds remarkably 'familiar'...

1 Pure helium plays
2 Set in diverse geological settings
3 Supported by existing technical data
4 Ready access to helium end markets

HE1 holds prospecting licences on more than 3,500 km2 in Rukwa

@Delacey - just look at your chat history, you pick fights here every day, you come here specifically to pick fights (after plotting who you're going to pick them with on your private chat board and going back there afterwards to celebrate your wins). It's petty, not to say abusive and disruptive. If you don't want to discuss the company/share then just leave people here do that. The only difference I can see between you and your fellow trolls is that their share predictions turned out to be more accurate than yours.

But I suppose it’s the same in Swahili

I haven’t a clue I’m afraid, other than harp’s riddle is in Shona (which is weird as it’s not really Tanzania, more Zimbabwe).

Giving the impression of being a self-funded, enthusiastic and sustainable producer also ups the price of any future takeover bid (but don’t underestimate the capacity of the Chinese to make it more difficult to do business in Africa without selling up).

Totally agree, it’s the same with Delacey and Pearls. It really doesn’t matter who said what to who first, just let it go like grown ups or play elsewhere.

Thanks Adele, very helpful

H&P are valuing and risking an asset (Net Asset Value), they are not valuing the company. They express the NAV as a per share value, which is helpful, but that is not a share price prediction. Company shares are not valued on assets alone but on price / earnings also (as well as all the usual market conditions, sentiment etc). Early stage companies might price in more than 10 years income, sometimes 20, but the SP today will be the price of a 100 year future potential asset.

Consider the commercial asset (there isn't one yet but probably will be confirmed this year), then consider the company earnings (there aren't any but probably will be in 2023 or 2024, consider the price of helium (it's been at an all time high, it might stabilise if the discoveries keep coming), consider the share issue (probably it will be diluted between now and 2023).

Let's all be confident and optimistic, but be realistic too.

Yep, I was expecting to see some profit taking/slicing at 28p (I had the same mark pencilled in a while ago to consider slicing but revised that upward).

@Hexam - when did difficulty go down 10%? Not at the beginning of the month, so a 4% increase in the month as a whole (on average) compared to May seems about right (assuming there was no additional capacity on stream). It should of course be much higher in July if current rates continue.

Indeed, as I've tried to point out! :-)

Starting from the H&P assessment figures, I would probably follow roughly the same estimation logic as this poster...
https://www.reddit.com/r/HeliumOne/comments/mz2ird/what_if_heliumone_dont_find_the_full_138bcf/

I think that implies a total 138bcf field reserve value of around £4.2bn at today's prices (selling to wholesale market at -14%) unless I've misunderstood (of which potentially £550m from current prospect).

That might suggest a potential value of £6.85 per share (without factoring in any costs, risks or price changes over the next 100 years). Obviously we expect a bit of share dilution, and assets under ground are not the same thing as earnings (on which the SP is more likely to be influenced medium term) so whether you would choose to halve that or some other % is then a matter of judgement, timing and optimism I suppose.

If I've missed a decimal place somewhere let me know!

Yes, the RNS refers to consideration of a 'secondary listing' (or 'cross listing') of the same shares.
https://www.moneyland.ch/en/secondary-listing-definition

Where on earth do you get '£10' from? Wouldn't that value the company at £6.15bn? Even if you assume that the entire 100 year reserve of Helium can be valued into today's share price at full retail price, with zero production and distribution costs and zero future market risk, I don't think you'd get to £10. I'm all for optimism but it seems a bit fanciful. Do correct me if I've misunderstood something though.