Member Info for BlueGlow

Tro,

Yeah, good point.

Bo mentioned the drill being booked elsewhere, before coming back to Helix.

Re CHAR, they are about to start their Anchois drill, looking to prove around 1Tcf of gas. Scheduled to take around two months, which is likely why the price hasnt moved much yet.

Tro,

Yeah, think most of Treks were bought around 10p or whatever it listed at. I held loads at 10, but got caught trading so had to wait for it to settle. I havent worked the share very effectively tbh.

Relaxed about the situation at present. Plenty of room to move up.

Obviously its going to be very news dependent. I just feel good about the share at the moment, more updates to come as they enter the next target.

Tro,

Those limit orders are useless aren't they, lol.

I took a risk selling a load at 26/27 on that recent peak. Have been buying them back since, so now have a full complement again.

Tro,

I hold plenty. I have mentioned this several times. I didnt remind you the last time you mentioned it as i felt it was getting silly to keep correcting you, lol.

I flagged my buy on here at 17.5, as i thought it might be the bottom.

Its the best Helium play by miles imo.

Tro,

Seems like people have decided that the news over at Helix Explo was actually rather good.

Hi Thebold,

I agree that additional cash may now be required to drill MOU5, due largely to significant delays and their associated cost.

I would prefer the company to focus all of its attention and remaining capital on extensively and comprehensively testing all identified horizons across 1, 3 and 4, which represent the lowest risk route to a significantly higher SP - mitigating the impact of further dilution, if so required.

Should the JC at 4 not flow, re-entry of MOU2 could provide a near term incentive, necessary for a successful placement. Conversely, success at 4 would create a huge tailwind into 5, capable of clearing a £3/4 million raise with ease.

Significant success at 1 and 3 reframes the question again. There are options.

The nearm-term risks are formation - volumes/flow, rather than dilution imo.

List of countries by copper smelter production for 2020.

https://en.wikipedia.org/wiki/List_of_countries_by_copper_smelter_production

Leading copper smelters worldwide in 2023, based on capacity .

https://www.statista.com/statistics/1180198/leading-copper-smelters-capacity-globally/

Https://www.miningpedia.cn/dressing/how-much-does-it-cost-to-build-a-copper-processing-plant.html

Tro, nom,

Good RNS from Helix.

Risk has decreased.

The comments that contextualise the significance of the helium shows contrast the overly suggestive presentation of other helium explorers, looking to artificially boost their SP ahead of another capital raise.

No bad thing imo.

Yeah agree with you both.

Lots of people are unaware of what they can claim. I even know of people who refuse to investigate what they may be due as they have given up on the system.

Clearly the wealthy dont need a winter fuel payment, but as soon as you introduce paperwork, means testing or whatever, people fall through the cracks.

Hi kenny,

Good video. Labs election commitments re tax are very short-sighted imo. They should be targeting VAT and high earners via income tax to pay for public sector pay rises - which is where the winter fuel payments are now going.

Border force and rail workers now threatening strike action.

Their economic plans rest on growth. Growth requires infrastructure spending , which is being cut / delayed.

The easy win is to remove the trade barriers Brexit created with the EU, but this has also been ruled a no go.

Re the video. Pensioners (ex-miners) unable to heat their homes (caravans) is the opposite of what many would expect from a Labour government.

Thanks nom,

Interesting.

"The researchers found that between 2018 and 2050, the world will need to mine 115% more copper than has been mined in all human history until 2018 just to meet “business as usual.” This would (only) meet our current copper needs and support the developing world without considering the green energy transition."

Tro,

Yeah, until those permits are sorted, you are just holding risk.

Would rather buy the news that these have been granted, than hold and hope.

Tro,

Listened to the interview. Hmm,

Sounds like there is uncertainty over a drilling permit for Hussar, and an exploration permit for Mt Winter.

No thanks.

Tro,

GEX, what does CNBC say?

Tro,

Yeah, i suppose a cynic might say its in their interest to create a supply squeeze.

Enjoyed your segue re ATM earlier, lol.

Tro,

Yeah, im just thinking out loud.

To put it another way, which is a more effective use of cash if the objective is to slow climate change?

Help India reduce its thermal coal use.

Building wind and solar farms here, whilst snubbing our own gas assets.

https://www.statista.com/statistics/1320957/thermal-coal-consumption-volume-in-major-countries-regions/

Re the majors and copper, that tipping point should already have come, years ago.

The mines take 15-20 years to get into production.

Do they not believe the demand projections?

Hi nom, Tro,

Perhaps the lack of enthusiasm from majors to pursue new copper projects - as reflected in the explo sector - indicates a scepticism around the "electrification of everything" happening any time soon.

Hi nom,

A concerted effort to eliminate the use of thermal coal globally might be a more manageable target.

Those most reliant on coal are often due climate reparation payments. Two birds, one stone perhaps.

Hey nom,

The wrong day for a lettuce-green dress, lol.